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Bitcoin and ethereum prices today, Friday, June 5, 2026: Prices continue their descent

by theadvisertimes.com
3 months ago
in Business
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Bitcoin and ethereum prices today, Friday, June 5, 2026: Prices continue their descent
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Bitcoin (BTC-USD) opened at $63,812.18 on Friday, June 5, 2026, down 0.3% from Thursday’s opening price. The value of bitcoin fell further to $62,045.86 by 9:19 a.m. ET.

Ethereum (ETH-USD) opened at $1,768.86 on Friday, down 2.4% from Thursday’s opening price. The value of ethereum ticked lower to $1,666.52 as of 9:19 a.m. ET.

The prices of both bitcoin and ethereum continued their descent this week following May’s employment report and news that Hezbollah has rejected Israel’s offer of a ceasefire.

News from the Middle East is, of course, one major reason that crypto prices are falling, but it’s far from the only reason. Scott Melker, the host of “The Daily Wolf with Scott Melker,” explains five reasons why bitcoin prices are falling so much and so fast this week.

Watch to learn more: 5 reasons bitcoin prices are bleeding

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was down 0.3% 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: -13.2%

One month ago: -20.1%

One year ago: -39.1%

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.

Ethereum

The price of ethereum this morning was down 2.4% compared to Thursday’s open. Here’s how the opening ethereum price has changed versus last week, month, and year:

One week ago: -11.9%

One month ago: -24.6%

One year ago: -32.2%

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.

Can you buy your next house with crypto?

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. 

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 currencies’ value continues to move and evolve.

More information on crypto from the Yahoo Finance team: 



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