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Bitcoin (BTC-USD) opened at $77,727.62 on Monday, August 24, 2026, 0.8% higher than Sunday's opening price. As of 8:50 a.m. ET this morning, the price of bitcoin moved up to $79,106.77.
Ethereum (ETH-USD) opened at $2,463.09 on Monday, August 24, 2026, up 1.6% from Sunday's opening price. The price of ethereum moved higher this morning to $2,507.22 as of 8:53 a.m. ET.
Both bitcoin and ethereum prices posted their strongest weekend in some time. Bitcoin has been at its highest level since May, and ethereum has been at its highest since the end of January and early February.
Crypto analysts are eyeing a move to $80,000 as the next test for bitcoin, especially as the Fed gathers for its summit in Jackson Hole this week:
James Butterfill, head of research at CoinShares, called it "a macro story, not a crypto one," writing that softer inflation and weaker payrolls have undermined the case for tightening. "Short dated yields have fallen, a clear signal that bond investors no longer expect further Federal Reserve rate hikes," Butterfill wrote, adding that the "combination of easing monetary expectations alongside growing doubts over sovereign debt sustainability has historically been a constructive environment for Bitcoin."
He expects the market to hold its range, with $80,000 "an important upper boundary." Whales had stopped selling and begun to accumulate again, he wrote, though not yet at a scale that would imply "an immediate and sustained breakout," which he did not expect them to reach over the next 12 months.
Keep reading: Bitcoin's Next Test Is $80,000 as Jackson Hole Meeting Looms
The price of bitcoin this morning was 0.8% higher 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% higher 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.
