Costs surge after softer inflation report

Bitcoin (BTC-USD) opened at $64,974.75 on Wednesday, July 15, 2026, up 4.4% from Tuesday’s open. The value of bitcoin eased to $64,621.97 as of 8:07 a.m. ET this morning.

Ethereum (ETH-USD) opened at $1,889.97 on Wednesday, July 15, 2026, up 6.6% in comparison with Tuesday’s opening worth. Ethereum costs this morning shifted to $1,881.39 as of 8:07 a.m. ET.

Each bitcoin and ethereum costs surged increased following yesterday’s softer-than-expected inflation report, which confirmed the most important single-month decline in shopper costs since April 2020.

Bitcoin’s opening worth this morning was its highest since June 17, whereas the worth of ethereum opened this morning at ranges final seen on June 2.

It isn’t a shock that power costs eased in June, as army tensions between the U.S. and Iran eased. However now, with the U.S. army putting Iranian targets for the fourth day in a row, traders must ask themselves how a lot sustaining energy final month’s report can realistically have on crypto costs.

Present worth of bitcoin and ethereum

Bitcoin

The value of bitcoin this morning was 4.4% increased than the day earlier than. Here is a have a look at how the opening bitcoin worth has modified versus final week, month, and 12 months:

• One week in the past: +2.7%

• One month in the past: -1.1%

• One 12 months in the past: -45.8%

The all-time excessive for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low worth for bitcoin was $0.04865 on July 14, 2010. 

Ethereum

The value of ethereum this morning was up 6.6% in comparison with Tuesday morning. Here is a have a look at how the opening ethereum worth has modified versus final week, month, and 12 months:

• One week in the past: +6.9%

• One month in the past: +9.6%

• One 12 months in the past: -37.3%

The all-time excessive for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low worth for ethereum was $0.4209 on Oct. 21, 2015. 

Bitcoin, ethereum, and different cryptocurrencies are quickly evolving. Observe the newest developments from Yahoo Finance and others right here.

Crypto and taxes

You usually owe taxes whenever you promote cryptocurrency for greater than you paid for it. This additionally applies whenever you change one digital asset for an additional. Changing bitcoin into ethereum, for instance, is not “only a commerce” within the eyes of the IRS. It is a taxable occasion if the worth adjustments.

Crypto taxes aren’t paid on the time of the transaction, however as a substitute, they’re reported in your tax return for the 12 months wherein the transaction came about. So, for those who offered crypto for a revenue at any level throughout 2025, that exercise is reported whenever you file your 2025 return in early 2026.

How a lot tax you pay will depend on two principal components:

1. How lengthy you held the asset earlier than promoting

2. Your total taxable revenue and submitting standing

Maintain it for lower than a 12 months, and you will normally face increased charges. Maintain it longer, and the charges are typically decrease.

This holding-period distinction issues greater than most individuals notice. A couple of days could make a distinction of as a lot as 17% or extra — so timing issues.

Study extra: Sure, crypto is taxed. Here is when it’s important to pay.

Bitcoin and ethereum worth charts

Whether or not you are model new to monitoring the worth of bitcoin and ethereum or a extra seasoned crypto investor, Yahoo Finance’s price-of-bitcoin and price-of-ethereum charts beneath present a visible historical past of how the currencies’ worth continues to maneuver and evolve.

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