Skip to navigationSkip to main contentADVERTISEMENTSome 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.Tim Manni · Lead EditorMon, June 8, 2026 at 3:15 PM GMT+2 3 min readBitcoin (BTC-USD) opened at $63,310.30 on Monday, 4% higher than Sunday's opening price. As of 8:50 a.m. ET this morning, the price of bitcoin moved up to $63,515.91.Ethereum (ETH-USD) opened at $1,689.78 on Monday, up 7.7% from Sunday's opening price. The price of ethereum hasn’t moved much this morning and was $1,689.60 as of 8:50 a.m. ET.Opening prices for bitcoin and ethereum steadily moved lower last week, even lower this weekend, but seem to be rebounding toward Friday’s opening-price range. Bitcoin prices moved below $60,000 this weekend, the first time they’ve dipped that low since 2024.There are multiple factors driving declines in bitcoin and ethereum prices. For starters, multiple and separate conflicts in the Middle East have driven up energy prices for countries around the world, making it more likely that the Fed will raise rates at some point this year. Money is flowing out of other investments, like crypto, and pouring into AI. Finally, recent selloffs by the largest bitcoin holder triggered other investors to follow suit.Keep reading: Follow the latest crypto news here at Yahoo FinanceCurrent price of bitcoin and ethereumBitcoinThe price of bitcoin this morning was 4% 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.EthereumThe price of ethereum this morning was 7.7% higher than Sunday's open. Here's a look at how the opening ethereum price has changed versus last week, month, and year:One week ago: -15.7%One month ago: -26.2%One year ago: -33.1%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.How Bitcoin worksBitcoin 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 defends against manipulation attempts.Learn more: What is Bitcoin, and how does it work?How to buy Bitcoin in 2026There are several ways to buy Bitcoin. You can go through a crypto exchange, a fintech app, or a traditional brokerage that will allow you to buy into a bitcoin ETF.Before placing a trade, though, decide what you actually want: full ownership of your bitcoin and private keys — or easy price exposure inside a familiar, regulated system.Whichever avenue you take, it's important to remember that bitcoin remains a high-risk, highly volatile asset compared to many other investments. Prices can surge or drop quickly, sometimes without warning. If you're considering buying bitcoin, assume volatility is part of the deal.Learn more: