Bitcoin and ethereum prices today, Tuesday, September 1, 2026: Crypto prices falling as inflation concerns persist

On Tuesday, September 1, 2026, Bitcoin (BTC-USD) opened at $78,559.11, a 1.1% increase from Monday's opening price. However, as of 8:19 a.m. ET, Bitcoin's price had fallen to $77,945.97. Ethereum (ETH-USD) opened at $2,467.13, up 2% from Monday, but by 8:19 a.m. ET, its price had dropped to $2,454.23. The crypto market, along with precious metals like gold and silver, experienced a similar decline as concerns about inflation persist.

The Federal Reserve is widely expected to raise interest rates later this month, which is negatively impacting crypto prices since cryptocurrencies do not pay interest. The CME Group's FedWatch tool indicates a 66.4% chance of a rate hike and a 33.6% chance of no change. Recent tensions with Iran have also contributed to rising oil prices and heightened expectations of rate increases.

Bitcoin and Ethereum's prices have fluctuated significantly over the past year, with Bitcoin's all-time high reaching $128,198.07 on October 6, 2025, and Ethereum's highest point being $4,953.73 on August 24, 2025.