NewsCryptoBitcoin and Ethereum Prices Turn Lower on Thursday, August 13, 2026

Bitcoin and Ethereum Prices Turn Lower on Thursday, August 13, 2026

Author: Yahoo Finance·

Key Takeaways

  • Bitcoin opened at $63,410.39 on August 13, 2026, representing a 0.2% decline from the previous day and extending a pattern of daily losses throughout the week.
  • Ethereum has outperformed Bitcoin over the past month, gaining 4% while Bitcoin declined 6.5% during the same period, despite both opening lower on Thursday.
  • Cooling July inflation data has reinforced expectations that the Federal Reserve may hold or lower its benchmark rate in September, a scenario that historically increases investor appetite for cryptocurrencies.
  • The ongoing closure of the Strait of Hormuz and lack of a long-term peace agreement with Iran continue to suppress risk sentiment, potentially preventing Bitcoin from sustaining levels near $65,000.
  • Both major cryptocurrencies have posted steep yearly declines, with Bitcoin down 47.2% and Ethereum down 59.1% compared to one year ago.
Bitcoin and Ethereum Prices Turn Lower on Thursday, August 13, 2026

Bitcoin (BTC-USD) opened at $63,410.39 on Thursday, August 13, 2026, down 0.2% from Wednesday's opening price. By 8:29 a.m. ET, bitcoin had moved up to $63,504.99.

Ethereum (ETH-USD) opened at $1,878.08 on Thursday, August 13, 2026, also down 0.2% from Wednesday's opening price. By 8:29 a.m. ET, ethereum had risen to $1,983.13.

Bitcoin's opening price has declined each day this week, and its daily, weekly, monthly, and yearly price trends were all negative Thursday morning.

Crypto traders are weighing persistent uncertainty in the Middle East alongside economic reports showing inflation trends cooled in July. Cooler inflation readings typically reinforce expectations that the Federal Reserve will hold or lower its benchmark rate, a shift that has historically coincided with greater appetite for risk-based assets, including cryptocurrencies, as lower borrowing costs tend to improve liquidity conditions.

Continued signals that the Fed will not raise rates in September could allow bitcoin to move back into the $65,000 range, but as long as the Strait of Hormuz remains closed and long-term peace is not established with Iran, it may be difficult for a risk-based asset like bitcoin to hold at that level. The Strait of Hormuz is one of the world's most critical oil shipping chokepoints, and its disruption has historically contributed to elevated energy prices and broader risk-off sentiment across financial markets.

Ethereum's monthly performance has diverged from bitcoin's, gaining 4% over the past month while bitcoin has declined 6.5% over the same period.

Current price of bitcoin

The price of bitcoin this morning was 0.2% lower than Wednesday's opening price. Here is a look at how the opening bitcoin price has changed versus one week, one month, and one year ago:

  • One week ago: -1.8%
  • One month ago: -6.5%
  • One year ago: -47.2%

The all-time high for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low was $0.04865 on July 14, 2010.

Ethereum

The price of ethereum this morning was 0.2% lower than Wednesday's open. Here is a look at how the opening ethereum price has changed versus one week, one month, and one year ago:

  • One week ago: -1.5%
  • One month ago: +4%
  • One year ago: -59.1%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low 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.

What is a crypto credit card?

A bitcoin or crypto credit card generally works like any other credit card. When you apply and are approved, you are assigned a credit limit, and you can use the card to make purchases. If you do not pay your total balance by the monthly due date, interest begins to accrue at the assigned APR.

The difference is the type of rewards you earn. Instead of airline miles, rewards points, or cash back, you earn crypto. The percentage back you receive on each purchase — such as 3% back on gas or 2% at restaurants — is converted from U.S. dollars to bitcoin or another cryptocurrency at the current market value. You can then access the rewards through your connected crypto account.

For example, if you make a $500 purchase that earns 3% bitcoin rewards, you earn $15 in U.S. dollars on that purchase. With a bitcoin credit card, that $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. If you had a total bitcoin rewards balance worth $100 at the end of 2024, by early October 2025 the value of those same rewards would have increased to about $114, even if you had not earned any additional rewards during that period.

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 are new to tracking bitcoin and ethereum or a more experienced crypto investor, Yahoo Finance's bitcoin and ethereum price charts below show a visual history of how the currencies' values continue to move and evolve.

(BTC-USD)

(ETH-USD)

More on crypto from the Yahoo Finance team:

  • How to trade crypto: A step-by-step guide
  • Is bitcoin's price volatility an investing opportunity? Here's how to buy bitcoin.
  • 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
  • Do you need a bitcoin credit card? What you can gain (and lose) by earning bitcoin rewards on spending
  • How to navigate a crypto meltdown: 'Be willing to hold on'
  • Coinbase and American Express to launch 4% bitcoin reward card
  • Ethereum vs. Bitcoin: Understanding the key differences
  • What is Ethereum? A complete guide to the Ethereum blockchain.
  • Gemini Credit Card review: Earn crypto rewards by making eligible purchases