Bitcoin and ethereum prices today, Friday, May 29, 2026: Prices open lower, despite news of U.S.-Iran truce – Yahoo Finance

Home Latest News Bitcoin and ethereum prices today, Friday, May 29, 2026: Prices open lower, despite news of U.S.-Iran truce – Yahoo Finance
Bitcoin and ethereum prices today, Friday, May 29, 2026: Prices open lower, despite news of U.S.-Iran truce – Yahoo Finance

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Bitcoin (BTC-USD) opened at $73,525.74 on Friday, down 1.1% from Thursday’s opening price. The value of bitcoin fell further to $73,381.81 by 7:42 a.m ET.
Ethereum (ETH-USD) opened at $2,006.97 on Friday, down 0.7% from Thursday’s opening price. The value of ethereum ticked lower to $2,003.66 as of 7:42 a.m. ET.
The prices for both bitcoin and ethereum opened at their lowest levels all week, but the stage is set for the cryptocurrencies to rise in value today and this weekend after reports that a 60-day truce extension with Iran is on the president’s desk awaiting his signature.
Investors appeared to have less of a risk appetite this week as tensions between the U.S. and Iran grew following the news that the U.S. military launched defense strikes against Iranian drones and a drone-launching site.
Any sign of progress towards a meaningful agreement to reopen the Strait of Hormuz is likely to compel more investors back into crypto.
The price of bitcoin this morning was down 1.1% from Thursday’s opening figure. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:
One week ago: -5.2%
One month ago: -3.7%
One year ago: -31.8%
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.
The price of ethereum this morning was down 0.7% compared to Thursday’s open. Here’s how the opening ethereum price has changed versus last week, month, and year:
One week ago: -5.8%
One month ago: -12.3%
One year ago: -25.2%
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.
So, you put a little mad money into bitcoin a few years ago. Now, your crypto-fueled profit means you have a sweet nest egg to put toward a house.
But can you buy a house with crypto rather than using cash or a traditional mortgage loan? What are the roadblocks? And what about taxes?
President Trump wants the United States to be "the crypto capital of the world." In that spirit, in late June, Director of the Federal Housing Finance Agency (FHFA) William J. Pulte ordered Fannie Mae and Freddie Mac to "prepare their businesses to count cryptocurrency as an asset for a mortgage."
The FHFA supervises Fannie Mae and Freddie Mac, the government-sponsored companies that fund a major portion of the mortgage industry.
Pulte said the housing system "needs a massive upgrade," adding, “I want people who own cryptocurrency to be able to buy homes like everyone else. I believe cryptocurrency is an asset. I believe Americans should be able to use their crypto if they want to. It's time the housing system caught up.”
This signals what could be a fundamental change to how cryptocurrency may be used to qualify for a mortgage.
Learn more: Want to buy a house with crypto? Here’s what to expect
Whether you’re brand new to tracking the value of bitcoin and ethereum or a more seasoned crypto investor, Yahoo Finance’s price-of-bitcoin chart and price-of-ethereum chart below show a visual history of how the currencies’ value continues to move and evolve.
More information on crypto from the Yahoo Finance team: 
How to trade crypto: A step-by-step guide
Do you need a bitcoin credit card?
Can you buy crypto with a credit card?
President Trump called for a strategic bitcoin reserve. How it would work.
How to buy a house with crypto
Yes, crypto is taxed. Here’s when you have to pay.
How to buy ethereum — and what to know before you do
How to buy solana: A step-by-step guide
There are several ways to buy a house with cryptocurrency rather than a regular mortgage. Find out which option is best, plus the benefits and risks of each.
Financial advisors are reversing course on cryptocurrencies as an investment. So what happens when the next crypto crash occurs?
Compare Ethereum and Bitcoin. Learn the key differences between BTC and ETH, from origins and supply to consensus mechanisms and real-world use cases.
What is Ethereum? Here’s your beginner-friendly guide to the blockchain, smart contracts, DeFi, and how ETH differs from Bitcoin. Learn the basics before you invest.
President Trump is proposing holding and even adding to the government’s bitcoin store, a significant departure from the previous administration. Here’s how the strategic bitcoin reserve would work.
Fannie Mae recently announced it will begin accepting crypto as collateral for conventional mortgages. Here’s how crypto-backed mortgages work. 

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