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<a href="https://cryptoz7.com/new-york-ban-threatens-bitcoin-miners-new-revenue-stream/” title=”New York ban threatens Bitcoin miners' new revenue stream”>Bitcoin and ethereum prices today, Thursday, July 16, 2026: Prices rise, ethereum becomes ‘increasingly compelling’
Bitcoin (BTC-USD) opened at $64,720.36 on Thursday, July 16, 2026, down 0.4% from Wednesday’s opening price. The value of bitcoin fell to $64,065.98 by 8:26 a.m. ET.
Ethereum (ETH-USD) opened at $1,917.05, up 1.5% from yesterday’s opening price. The price of ethereum moved down to $1,877.39by 8:26 a.m. ET.
The prices of bitcoin and ethereum are having a bit of a shining moment this week, just as gold and silver prices continue to struggle. Since the softer-than-expected CPI report earlier this week, crypto prices have found significant room to rise.
Some investors are growing increasingly confident in a crypto rebound, with ethereum leading the charge. And this isn’t the first time ethereum has led bitcoin in a price recovery.
Yahoo Finance’s Ines Ferré reports:
“I continue to believe the tactical backdrop for crypto is improving, with ETH increasingly standing out as one of the more attractive ways to express that view,” Fundstrat digital asset strategist Sean Farrell said on Tuesday night.
Ethereum, which has jumped 7% over the past five days compared to bitcoin’s nearly 2% rise, is becoming “increasingly compelling,” Farrell said, given the “historical precedent for ETH leading broader crypto recoveries.”
During the 2022 bear market, ethereum began outperforming bitcoin several months before bitcoin eventually reached its market bottom, suggesting a similar pattern could be emerging.
Current price of bitcoin
Bitcoin
The price of bitcoin this morning was 0.4% lower than yesterday’s open. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:
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 1.5% higher compared to Wednesday’s open. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:
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.
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.
(BTC-USD)
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62,779.34-1,939.68(-3.00%)
As of 6:12:03 AM UTC. Market Open.
(ETH-USD)
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1,825.36-95.80(-4.99%)
As of 6:12:01 AM UTC. Market Open.
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
What you need to know about crypto credit card rewards and how to decide if they’re right for you.
Coinbase and American Express to launch 4% bitcoin reward card
The new Coinbase One Card, slated for fall 2025, will earn up to 4% bitcoin back and is exclusively available to Coinbase One subscription members.
Ethereum vs. Bitcoin: Understanding the key differences
Compare Ethereum and Bitcoin. Learn the key differences between BTC and ETH, from origins and supply to consensus mechanisms and real-world use cases.
How to navigate a crypto meltdown: ‘Be willing to hold on’
Financial advisors are reversing course on cryptocurrencies as an investment. So what happens when the next crypto crash occurs?
<img src="https://cryptoz7.com/wp-content/uploads/2026/07/https-2F-2Fs.yimg_.com-2Fos-2Fcreatr-uploaded-images-2F2025-07-2F6998e0b0-6632-11f0-b713-801fd8c7feb3-2.jpg" alt="What is Ethereum? A complete guide to the Ethereum blockchain.”>
What is Ethereum? A complete guide to the Ethereum blockchain.
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.
Gemini Credit Card review: Earn crypto rewards by making eligible purchases
Whether you’re a digital currency aficionado or a crypto newbie, the Gemini Crypto Credit Card could be worth a look. Here’s what to know about this card, its benefits, and its drawbacks.
