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American Focus > Blog > Economy > Up nearly 3% since last Friday
Economy

Up nearly 3% since last Friday

Last updated: July 11, 2026 2:20 am
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Up nearly 3% since last Friday
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Bitcoin (BTC-USD) started the day at $63,184.80 on Friday, July 10, 2026, marking a 1.5% increase from the previous day’s opening price. The value of bitcoin surged to $64,380 by 8:39 a.m. ET.

Ethereum (ETH-USD) opened at $1,744.28 on the same day, showing a slight 0.1% uptick from Thursday’s opening price. Ethereum’s value climbed to $1,795.90 by 8:39 a.m. ET.

Over the past week, both bitcoin and ethereum have maintained a steady growth trajectory, with prices rising by 2.8% and 2.7%, respectively. This positive trend comes as a relief for crypto investors following bitcoin’s worst performance in four years in June.

The surge in prices can be attributed to ETF inflows and a more optimistic outlook surrounding the impending CLARITY Act. Despite geopolitical tensions in the Middle East, the crypto market has shown resilience, buoyed by positive sentiment and increased institutional interest.

Looking back, bitcoin hit an all-time high of $126,198.07 on October 6, 2025, and a low of $0.04865 on July 14, 2010. On the other hand, ethereum reached its peak at $4,953.73 on August 24, 2025, and a low of $0.4209 on October 21, 2015.

Recent developments indicate a shift in the real estate landscape, with the Federal Housing Finance Agency (FHFA) directing Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for mortgage applications. This move aligns with President Trump’s vision of positioning the United States as a global crypto hub.

The initiative aims to modernize the housing system and provide crypto holders with the opportunity to utilize their digital assets for purchasing homes. This potential shift could redefine how cryptocurrencies are used in securing mortgages, presenting a significant step forward for the industry.

See also  Starbucks North America CEO Michael Conway Quits After Just 6 Months In The Position

For those considering buying a house using crypto, understanding the implications and tax considerations is essential. With evolving regulations and growing acceptance of digital assets, the prospect of utilizing cryptocurrency for real estate transactions is becoming increasingly feasible.

As the crypto market continues to evolve, staying informed about the latest developments and trends is crucial. Platforms like Yahoo Finance provide valuable insights and updates on the dynamic world of digital currencies, empowering investors to make informed decisions in this rapidly changing landscape.

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