Bitcoin and ethereum prices today, Wednesday, April 29, 2026: Values continue to fall this week

Bitcoin (BTC-USD) opened at $76,340.38 on Wednesday, 1.3% lower than Tuesday’s opening price of $77,368.12. Bitcoin moved higher in early trading, rising to $77,507.63 as of 7:24 a.m. ET.

Ethereum (ETH-USD) opened at $2,289.20 on Wednesday, 0.6% lower than Tuesday’s opening price of $2,303.08. Ethereum also rose this morning, trading at $2,330.43 as of 7:24 a.m. ET.

The opening values of bitcoin and ethereum have been moving lower all week, but prices are trending up this morning as investors process what an extended closure of the Strait of Hormuz means for their risk exposure. Both bitcoin and ethereum have been holding onto values above $77,000 and $2,300 pretty consistently for the last week or so, as markets gear up for a Fed decision later today.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was 1.3% lower 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: No change
One month ago: +15.1%
One year ago: -19.6%

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.

Ethereum

The price of ethereum this morning was 0.6% lower 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: -1.7%
One month ago: +14.9%
One year ago: +27.3%

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.

Crypto and taxes

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.

Bitcoin and ethereum price charts

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: