Bitcoin (BTC-USD) opened at $74,332.94 on Thursday, down 2% from Wednesday’s opening price. The value of bitcoin moved down to $73,285.68 by 7:18 a.m. ET.
The price of bitcoin is reacting similarly to other investable assets this morning, down following reports the U.S. military struck Iranian drones and a drone-launching site in a defensive strategy to protect vessels in the Strait of Hormuz. Investors are pulling back on riskier investments like cryptocurrencies as the U.S. and Iran can’t seem to align on a proposal that would effectively open the strait, resume the flow of oil and natural gas around the world, and begin to put a lid on rising inflation levels that have the Fed considering raising interest rates for the first time in years.
Current price of bitcoin
Bitcoin
The price of bitcoin this morning was 2% lower than yesterday’s open. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:
One week ago: -4%
One month ago: -3.9%
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.
What is a crypto credit card?
A bitcoin or crypto credit card generally works just like any other credit card. When you apply and get approved, you’ll be assigned a credit limit, and you can use your card to make purchases. If you don’t pay your total balance by your card’s monthly due date, you’ll start to accrue interest at your assigned APR.
The difference is the types of rewards you’ll earn. Instead of earning airline miles, rewards points, or cash back on your spending, you’ll earn crypto. The percentage back you earn on each purchase — such as 3% back on gas or 2% back at restaurants — is converted from U.S. dollars to bitcoin or another cryptocurrency at the current market value. You can then access your rewards through your connected crypto account.
For example, say you make a $500 purchase that earns 3% bitcoin rewards. You’ll earn $15 in U.S. dollars on that purchase. With a bitcoin credit card, your $15 may be converted at the current bitcoin value (about 0.00014 bitcoin in October 2025) and deposited in your crypto account.
The biggest benefit of crypto rewards is the potential for growth over time. Let’s say you had a total bitcoin rewards balance worth $100 USD at the end of 2024. By early October 2025, the value of those same rewards would have increased to about $114 — even if you didn’t earn any additional rewards over that time.
Learn more: Do you need a bitcoin credit card? What you can gain (and lose) by earning bitcoin rewards on spending
Bitcoin and ethereum price charts
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 currency’s value continues to move and evolve.
More on crypto from the Yahoo Finance team:
