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Bitcoin (BTC-USD) opened at $83,092.65 on Wednesday, October 14, 2026, up 1.6% from Tuesday's open. As of 9:15 a.m. ET this morning, the price of bitcoin fell to $82,418.56.
Ethereum (ETH-USD) opened at $2,496.22 on Wednesday, October 14, 2026, up 2.1% from Tuesday's opening price. The price of ethereum moved down this morning to $2,461.69 as of 9:15 a.m. ET.
Prices for both bitcoin and ethereum opened higher than yesterday's open and back in line with Monday's open. However, bitcoin and ethereum are losing some of those gains this morning after a hotter-than-expected CPI report:
The Consumer Price Index rose 3.7% in September, compared with expectations for 3.6%, and an acceleration from 3.4% in August. Month-over-month prices rose 0.6%, versus expectations for 0.5%. Stripping out volatile food and energy prices — the way the Fed likes to scrutinize underlying inflation — CPI rose 0.3% month over month, compared with expectations for 0.2%, holding the same level as August. The year-over-year rate was 2.6%, compared with expectations for 2.5%, and up from 2.4% in August.
The odds of a Fed rate increase later this month have also shifted dramatically following today's CPI report. According to the CME Group's FedWatch tool, the Fed now has about a 50-50 chance of raising rates by 25 basis points, compared with earlier in the week, when the odds were near 80% that it wouldn't raise rates in October.
The price of bitcoin this morning, Wednesday, October 14, 2026, was up 1.6% compared to Tuesday's opening price. Here's a look at how the opening bitcoin price has changed versus last week, month, and year:
One week ago: -2.9%
One month ago: +8.2%
One year ago: -27.9%
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.
The price of ethereum this morning, Wednesday, October 14, 2026, is 2.1% higher than Tuesday's open. Here's a look at how the opening ethereum price has changed versus last week, month, and year:
One week ago: -7.5%
One month ago: +0.8%
One year ago: -41.2%
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.
You generally owe taxes when you sell cryptocurrency for more than you paid for it. This also applies when you exchange one digital asset for another. Converting bitcoin into ethereum, for example, isn't "just a trade" in the eyes of the IRS. It's a taxable event if the value changes.
Crypto taxes aren't paid at the time of the transaction, but instead, they're reported on your tax return for the year in which the transaction took place. So, if you sold crypto for a profit at any point during 2025, that activity is reported when you file your 2025 return in early 2026.
How much tax you pay depends on two main factors:
How long you held the asset before selling
Your overall taxable income and filing status
Hold it for less than a year, and you'll usually face higher rates. Hold it longer, and the rates tend to be lower.
This holding-period distinction matters more than most people realize. A few days can make a difference of as much as 17% or more — so timing matters.
