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Bitcoin and ethereum prices today, Friday, May 8, 2026: Prices holding following strong jobs report

by theadvisertimes.com
3 months ago
in Business
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Bitcoin and ethereum prices today, Friday, May 8, 2026: Prices holding following strong jobs report
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Bitcoin (BTC-USD) opened at $80,015.27 on Friday, down 1.7% from Thursday’s opening price of $81,428.85. The value of bitcoin rose to $80,206.01 by 7:18 a.m ET. Following the employment report, bitcoin is holding at $80,103.35 at 10:58 a.m. ET.

Ethereum (ETH-USD) opened at $2,290.98 on Friday, down 2.5% from Thursday’s opening price of $2,350.85. The value of ethereum was steady as of 7:18 a.m. ET, at $2,289.85. The price of ethereum was also steady following the strong jobs report, at $2,283 at 10:58 a.m.

Since Monday, bitcoin is up 1.98% this morning, while ethereum is down 1.60%. Investors of all stripes were cautiously heading into the day ahead of the latest monthly job numbers and following violent escalations between the U.S. and Iran on Thursday. The jobs report was, in fact, a positive report, and at least some encouraging traction in Middle East peace talks this weekend should be enough to keep bitcoin over the $80,000 threshold and keep ethereum near the $2,300 mark, which it has been all week.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was 1.7% lower than 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: +4.9%

One month ago: +11.2%

One year ago: -17.5%

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 2.5% lower compared to Thursday’s open. Here’s how the opening ethereum price has changed versus last week, month, and year:

One week ago: +1.5%

One month ago: +2.2%

One year ago: +26.5%

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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Tags: BitcoinEthereumFridayHoldingJobsPricesReportstrongtoday
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