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Bitcoin (BTC-USD) opened at $79,026.75 on Thursday, August 27, 2026, up 0.6% compared to Wednesday's opening price. As of 8:50 a.m. ET this morning, the price of bitcoin moved up to $79,317.69.
Ethereum (ETH-USD) opened at $12,506.74 on Thursday, August 27, 2026, up 2.6% from Wednesday's opening price. The price of ethereum moved down this morning to $2,499.05 as of 8:50 a.m. ET.
Bitcoin and ethereum opened at their highest levels in some time. Even though today's opening prices for both cryptocurrencies are down a bit from the high levels they hit this week, it's the highest opening figure for bitcoin since early June, and the highest opening for ethereum since August 22. But other than August 22, it's the highest opening ethereum price we've observed since January 31.
Despite the slight pullback from the highs earlier in the week, Yahoo Finance's Scott Melker, host of The Daily Wolf, predicted bitcoin prices would move down and says it's by no means time to worry. He also explains why bitcoin prices fell here.
The price of bitcoin today, Thursday, August 27, 2026, was 0.6% higher compared to Wednesday's opening price. Here's a look at how the opening bitcoin price has changed versus last week, month, and year:
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, Thursday, August 27, 2026, was 2.6% higher than Wednesday's open. Here's a look at how the opening ethereum price has changed versus last week, month, and year:
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.
A bitcoin or crypto credit card generally works just like any other credit card. When you apply and get approved, you'll be assigned a credit limit, and you can use your card to make purchases. If you don't pay your total balance by your card's monthly due date, you'll start to accrue interest at your assigned APR.
The difference is the types of rewards you'll earn. Instead of earning airline miles, rewards points, or cash back on your spending, you'll earn crypto. The percentage back you earn on each purchase — such as 3% back on gas or 2% back at restaurants — is converted from U.S. dollars to bitcoin or another cryptocurrency at the current market value. You can then access your rewards through your connected crypto account.
For example, say you make a $500 purchase that earns 3% bitcoin rewards. You'll earn $15 in U.S. dollars on that purchase. With a bitcoin credit card, your $15 may be converted at the current bitcoin value (about 0.00014 bitcoin in October 2025) and deposited in your crypto account.
The biggest benefit of crypto rewards is the potential for growth over time. Let's say you had a total bitcoin rewards balance worth $100 USD at the end of 2024. By early October 2025, the value of those same rewards would have increased to about $114 — even if you didn't earn any additional rewards over that time.
Learn more: Do you need a bitcoin credit card? What you can gain (and lose) by earning bitcoin rewards on spending
