Bitcoin (BTC-USD) opened at $68,224.47 on Wednesday, nearly the same as Tuesday’s closing price of $68,233.32. Bitcoin had risen above $68,590 by 7:42 a.m. ET.

Ethereum (ETH-USD) opened at $2,104.25 on Wednesday, less than $0.50 lower than Tuesday’s closing price of $2,104.71. By 7:42 a.m. ET, ethereum had risen above $2,135.

Bitcoin and ethereum moved higher after President Trump said the U.S. would be finished with the Iran war within two to three weeks. An end to the conflict boosts the attractiveness of risk assets, which tend to be reactive to headlines and macro trends. Both bitcoin and ethereum logged gains over the past month, after trending down since October. Bitcoin was supported by stronger ETF demand at the end of March.

Learn more: Bitcoin snaps five-month losing streak

The price of bitcoin this morning was roughly even with Tuesday’s close. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

One week ago: -3.3%

One month ago: +3.6%

One year ago: -17.4%

The all-time high for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low value for bitcoin was $0.04865 on July 14, 2010.

The price of ethereum this morning was nearly the same as Tuesday’s close. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

One week ago: -2.4%

One month ago: +9%

One year ago: +15.4%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low value for ethereum was $0.4209 on Oct. 21, 2015.

Bitcoin, ethereum, and other cryptocurrencies are rapidly evolving. Follow the latest developments from Yahoo Finance and others here.

You generally owe taxes when you sell cryptocurrency for more than you paid for it. This also applies when you exchange one digital asset for another. Converting bitcoin into ethereum, for example, isn’t “just a trade” in the eyes of the IRS. It’s a taxable event if the value changes.

Crypto taxes aren’t paid at the time of the transaction, but instead, they’re reported on your tax return for the year in which the transaction took place. So, if you sold crypto for a profit at any point during 2025, that activity is reported when you file your 2025 return in early 2026.

How much tax you pay depends on two main factors:

How long you held the asset before selling

Your overall taxable income and filing status

Hold it for less than a year, and you'll usually face higher rates. Hold it longer, and the rates tend to be lower.

This holding-period distinction matters more than most people realize. A few days can make a difference of as much as 17% or more — so timing matters.

Learn more: Yes, crypto is taxed. Here’s when you have to pay.

Whether you’re brand new to tracking the value of bitcoin or a more seasoned crypto investor, Yahoo Finance’s price-of-bitcoin chart below shows a visual history of how the currency's value continues to move and evolve.

More on crypto from the Yahoo Finance team: 

How to trade crypto: A step-by-step guide

Do you need a bitcoin credit card?

Can you buy crypto with a credit card?

President Trump called for a strategic bitcoin reserve. How it would work.

How to buy a house with crypto

How to buy ethereum — and what to know before you do

How to buy solana: A step-by-step guide

Financial advisors are reversing course on cryptocurrencies as an investment. So what happens when the next crypto crash occurs?

Is the recent bitcoin slump a buying opportunity? Discover the safest ways to buy and store bitcoin in 2026.

From how to buy bitcoin to how it works — find out what you should know about bitcoin as a cryptocurrency.

President Trump is proposing holding and even adding to the government’s bitcoin store, a significant departure from the previous administration. Here's how the strategic bitcoin reserve would work.

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Before you place your first trade, it's important to understand what cryptocurrency is and how it works. Learn how to invest in crypto in 3 steps.