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Bitcoin and ethereum prices today, Monday, August 31, 2026: Higher rate expectations pressure crypto prices lower

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure. Bitcoin (BTC-USD) opened at $77,695.48 on Monday, August 31, 2026, 0.7% lower than Sunday's opening price. As of 9:06 a.m. ET this morning, the price of bitcoin moved […]

By deepak · September 1, 2026 · 5 min read

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.

Bitcoin (BTC-USD) opened at $77,695.48 on Monday, August 31, 2026, 0.7% lower than Sunday's opening price. As of 9:06 a.m. ET this morning, the price of bitcoin moved up to $77,999.80.

Ethereum (ETH-USD) opened at $2,417.98 on Monday, August 31, 2026, down 1.6% from Sunday's opening price. The price of ethereum moved higher this morning to $2,453.78 as of 9:06 a.m. ET.

Last week we featured an article titled, "Bitcoin's Next Test Is $80,000 as Jackson Hole Meeting Looms."

Despite prices rising in early trading this morning, both bitcoin and ethereum are down significantly from Friday's opening prices.

Fed Chair Kevin Warsh's Jackson Hole speech reiterated the Fed's duty to lower prices, saying the committee has "work to do." Additionally, U.S. airstrikes on Iranian rocket launchers over the weekend renewed hostilities in the Middle East, pushing oil prices higher, further raising expectations that rate hikes are imminent this year.

The price of bitcoin this morning was 0.7% lower than Sunday'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 this morning was 1.6% lower than Sunday'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.

Bitcoin is a type of cryptocurrency, which is a currency that exists only in digital form and operates without government or banking oversight. By comparison, the U.S. dollar, the EU euro, the Canadian dollar, and other national currencies have paper versions and are issued by their respective governments.

Bitcoin relies on a public digital ledger that validates and records transactions and verifies bitcoin ownership. This ledger is called the blockchain, and it is globally distributed — that is, decentralized — across a broad, worldwide network of servers.

Decentralization is a fundamental aspect of cryptocurrencies. Decentralization facilitates peer-to-peer payments with no banking intermediary, enhanced security, and defense against manipulation attempts.

Learn more: What is Bitcoin, and how does it work?

Source: Read the original article on finance.yahoo.com

Additional coverage from finance.yahoo.com:

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.

Silver (SI=F) December futures opened at $66.80 per ounce on Monday, August 31, 2026, down 1.4% from Friday's closing price. Silver rose this morning, reaching $67.84 as of 8:39 a.m. ET.

Silver prices have been steadily declining since the start of last week and sank even lower at the open this morning as expectations for a Fed rate increase rise.

On Friday, Fed Chair Kevin Warsh reiterated the Fed's mandate for lowering prices, saying the Fed had "work to do":

"We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do," Warsh said in his first speech as chairman in Jackson Hole, Wyo. "It is the Fed's job to deliver stable prices."

Adding to the rising expectations of higher rates was the first U.S. military attack against Iran in over a month. The U.S. military destroyed rocket launchers that were preparing to fire mines into the Strait of Hormuz.

The opening price of silver futures on Monday, August 31, 2026, was 1.4% lower compared to Friday's closing price. Here's how today's opening silver price has changed versus last week, month, and year: 

For context, silver's year-over-year growth was 173.3% on May 14.

24/7 silver price tracking: Don't forget you can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.

Want to learn more about the current top-performing companies in the silver industry? Explore a list of the top-performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.

There are several ways to invest in silver, from buying the metal itself to choosing financial products tied to its price. Here's how each option works.

The most direct way to invest in silver is to buy it in physical form, either as bullion bars or government-minted coins. This gives you direct ownership of the metal, with no counterparty risk from an exchange or financial institution.

The trade-off is logistics. You'll need to think about storage, security, and potentially insurance. Dealers also charge a markup above the spot price, which means prices need to rise enough to cover that premium before you're in profit. Still, for investors who want tangible ownership of their assets, physical silver is a straightforward option.

Silver exchange-traded funds (ETFs) trade on stock exchanges the same way individual stocks do. Some ETFs hold physical silver directly, giving shareholders fractional ownership of real metal. Others invest in silver mining companies rather than the commodity itself.

ETFs are generally the most accessible and liquid way to get silver exposure. You can buy and sell them through any standard brokerage account, and there's no storage or insurance to worry about.

CROSS-REPORT ANALYSIS: PROS & CONS

🟢 PROS / ADVANTAGES

  • Decentralization facilitates peer-to-peer payments with no banking intermediary, enhanced security, and defense against manipulation attempts.
  • military attack against Iran in over a month.
  • Dealers also charge a markup above the spot price, which means prices need to rise enough to cover that premium before you're in profit.

🔴 CONS / RISKS

  • This gives you direct ownership of the metal, with no counterparty risk from an exchange or financial institution.