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Economy

Bitcoin’s strongest opening in months

Last updated: May 11, 2026 12:15 pm
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Bitcoin's strongest opening in months
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Bitcoin (BTC-USD) started the week strong, opening at $82,164.43 on Monday, the highest opening price since January 31. However, by 7:16 a.m. ET, the price had dipped slightly to $80,971.89. On the other hand, Ethereum (ETH-USD) had a solid opening at $2,369.40, the highest since April 27, but also saw a decrease to $2,331.11 by the same time.

The latest news out of the Middle East is impacting the markets, with President Trump rejecting Iran’s peace proposal and expressing his dissatisfaction on social media. This has led to a decrease in the price of gold, an increase in oil prices, stable stock contracts, and rising treasury yields. Bitcoin is hovering around $82,000 but struggling to maintain that value consistently, while Ethereum remains steady around $2,300.

Bitcoin’s price this morning was 1.9% higher than Sunday’s opening price. Comparatively, one week ago, it was up 4.6%, one month ago up 12.6%, and one year ago down 21.5%. The cryptocurrency hit an all-time high of $126,198.07 on Oct. 6, 2025, and a low of $0.04865 on July 14, 2010.

Ethereum also saw a 1.8% increase from Sunday’s open. A week ago, it was up 2%, a month ago up 5.5%, and a year ago down 8.3%. The all-time high for Ethereum was $4,953.73 on Aug. 24, 2025, and the all-time low was $0.4209 on Oct. 21, 2015.

Bitcoin and Ethereum, along with other cryptocurrencies, are constantly evolving. Stay updated on the latest developments through Yahoo Finance and other reliable sources.

Bitcoin operates as a decentralized cryptocurrency, existing only in digital form without government or banking oversight. Its transactions are validated and recorded on a public digital ledger called the blockchain, ensuring security and peer-to-peer payments without intermediaries.

To buy Bitcoin in 2026, one can use a crypto exchange, fintech app, or traditional brokerage offering bitcoin ETFs. It’s crucial to understand the risks associated with Bitcoin’s high volatility before investing, as prices can fluctuate rapidly.

For those interested in tracking the value of Bitcoin and Ethereum, Yahoo Finance provides price charts showing the historical movement of these cryptocurrencies. Stay informed about the latest developments in the crypto market and make informed investment decisions.

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