Crypto costs rise with CPI report on deck

Bitcoin (BTC-USD) opened at $63,547.05 on Wednesday, August 12, 2026, 0.6% decrease than Tuesday’s opening value. As of 8:00 a.m. ET this morning, the value of bitcoin moved as much as $64,194.

Ethereum (ETH-USD) opened at $1,881.10 on Wednesday, August 12, 2026, up 0.5% from Tuesday’s opening value. The worth of ethereum moved greater this morning to $1,915.50 as of 8:00 a.m. ET.

Crypto costs, like treasured metallic costs, are discovering some footing within the wake of a disappointing jobs report final week and forward of a CPI report at this time that analysts consider will present situations eased barely in July in comparison with June.

The July employment report, coupled with the expectations for the July CPI numbers, has many market observers scaling again expectations for a Fed price enhance in September.

Charge will increase are a headwind for bitcoin and etherem costs since risk-based belongings like cryptocurrency don’t pay curiosity.

Present value of bitcoin and ethereum

Bitcoin

The worth of bitcoin this morning, Wednesday, August 12, 2026, was 0.6% decrease than Tuesday’s opening value. This is a take a look at how the opening bitcoin value has modified versus final week, month, and yr:

• One week in the past: -0.8%

• One month in the past: -0.4%

• One yr in the past: -46.5%

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 worth of ethereum this morning, Wednesday, August 12, 2026, was 0.5% greater than Tuesday’s open. This is a take a look at how the opening ethereum value has modified versus final week, month, and yr:

• One week in the past: +0.7%

• One month in the past: +5.2%

• One yr in the past: -55.5%

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 most recent developments from Yahoo Finance and others right here.

Crypto and taxes

You typically owe taxes while you promote cryptocurrency for greater than you paid for it. This additionally applies while you trade one digital asset for one more. 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 modifications.

Crypto taxes aren’t paid on the time of the transaction, however as an alternative, they’re reported in your tax return for the yr by which the transaction came about. So, when you offered crypto for a revenue at any level throughout 2025, that exercise is reported while you file your 2025 return in early 2026.

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

1. How lengthy you held the asset earlier than promoting

2. Your general taxable earnings and submitting standing

Maintain it for lower than a yr, and you will normally face greater charges. Maintain it longer, and the charges are usually 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.

Be taught extra: Sure, crypto is taxed. This is when it’s a must to pay.

Bitcoin and ethereum value 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 under present a visible historical past of how the currencies’ worth continues to maneuver and evolve.

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