Bitcoin (BTC-USD) opened at $76,341.73 on Wednesday, 0.6% higher than Tuesday’s opening price of $75,872.83. Bitcoin continued rising to $78,304.84 as of 7:29 a.m. ET.

Ethereum (ETH-USD) opened at $2,327.61 on Wednesday, 0.5% higher than Tuesday’s opening price of $2,315.18. Ethereum continued rising this morning as well, trading at $2,393.73 as of 7:29 a.m. ET.

The values of bitcoin and ethereum have risen appreciably this morning following President Trump’s announcement that the U.S.-Iran ceasefire will be extended indefinitely. Besides one day last week, current prices for both bitcoin and ethereum are at elevated levels last seen in February. Their status as apolitical assets potentially gives them a demand edge over other risk assets in times of geopolitical crisis. With prospects of peace in sight, investors appear to be moving away from safe-haven assets.

The price of bitcoin this morning was 0.6% higher than the day before. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

• One week ago: +2.9%

• One month ago: +11.1%

• One year ago: -12.8%

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 0.5% higher than it was early Tuesday. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

• One week ago: +0.2%

• One month ago: +12.1%

• One year ago: +47.3%

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:

1. How long you held the asset before selling

2. 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 and ethereum or a more seasoned crypto investor, Yahoo Finance’s price-of-bitcoin and price-of-ethereum charts below show a visual history of how the currencies’ value continues to move and evolve.

More on crypto from the Yahoo Finance team: