Here are the major earnings after the close Wednesday
On Wednesday, August 26, 2026, Bitcoin (BTC-USD) opened at $78,528.41, a slight decrease of 0.5% from Tuesday's opening price. By 8:25 a.m. ET, the price of Bitcoin had risen to $78,585.58. Ethereum (ETH-USD) opened at $2,442.30, a decrease of 1.6% compared to Tuesday's opening price. As of 8:25 a.m. ET, Ethereum's price had climbed to $2,469.90.
Bitcoin recently surpassed the $80,000 mark for the first time in over three months, with the price reaching a high of $81,235.03 on Tuesday. This surge in Bitcoin's price is attributed to a surprising decision by the U.S. Treasury Department to double its long-term bond-buying program.
Crypto bulls are optimistic, with Yahoo Finance Executive Editor Brian Sozzi suggesting that Bitcoin could reach new all-time highs of $150K by mid-2027 and $300K by the end of 2029. However, if institutional capital actively invests in Bitcoin, the timeline for reaching such highs could be accelerated, with Bitcoin potentially peaking at $500K in 2029 and recovering to new all-time highs of around $200K by mid-2027.
According to Chhugani, Yahoo Finance expects Bitcoin's price to be around $1 million by the end of 2033, even in the base and bull cases.
Bitcoin's all-time high was $126,198.07 on October 6, 2025, while its all-time low was $0.04865 on July 14, 2010. Ethereum, on the other hand, opened at $2,442.30, a 1.6% decrease from Tuesday's opening price. Its all-time high was $4,953.73 on August 24, 2025, and its all-time low was $0.4209 on October 21, 2015.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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