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Reading: Bitcoin and Ethereum Prices Show Mixed Trends Amid U.S.-Iran Stalemate
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Bitcoin

Bitcoin and Ethereum Prices Show Mixed Trends Amid U.S.-Iran Stalemate

News Desk
Last updated: May 1, 2026 12:07 pm
News Desk
Published: May 1, 2026
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Bitcoin opened at $76,306.55 on Friday, marking a 0.7% increase compared to Thursday’s opening price of $75,778.63. By 7:17 a.m. ET, the cryptocurrency rose further to $77,376.65. In contrast, Ethereum commenced trading at $2,256.39, slightly up by 0.1% from Thursday’s $2,253.48, and by the same time, its value increased to $2,284.34.

Despite the recent uptick in Bitcoin’s price, its performance over the past week and year paints a more nuanced picture. Compared to just a week ago, Bitcoin has seen a decline of 2.5%, but over the course of a month, it has gained 11.8%. Year-on-year, however, Bitcoin has slipped 19%. The impressive all-time high for Bitcoin was recorded at $126,198.07 on October 6, 2025, while its all-time low was just $0.04865 on July 14, 2010.

Ethereum’s trajectory has been somewhat inconsistent. Although it has increased 0.1% from the previous day’s opening, it reflects a decline of 3.2% from last week’s price. Increases are evident over a month, where Ethereum has risen by 7.2%, and it boasts a significant increase of 25.8% year-on-year. Its all-time high reached $4,953.73 on August 24, 2025, with a historic low of $0.4209 on October 21, 2015.

While Bitcoin shows resilience this week, the cryptocurrency market reflects investor caution. The ongoing stalemate between the United States and Iran is affecting market sentiment. President Trump reaffirmed the U.S. naval blockade while Iran demands that the blockade of its ports must be lifted to restore the vital oil flow through the Strait of Hormuz.

In a related development, the potential for using cryptocurrency to buy real estate is gaining traction. Following a push from President Trump for the U.S. to become “the crypto capital of the world,” the Director of the Federal Housing Finance Agency, William J. Pulte, directed Fannie Mae and Freddie Mac to prepare for accepting cryptocurrency as an asset for mortgages. Pulte emphasized the need for innovation within the housing system, stating that cryptocurrency owners should have the same opportunities as traditional buyers.

These developments signify a possible strategic shift in how home buying could evolve, enabling cryptocurrency to be integrated more fully into traditional financial systems. For those interested in navigating the crypto market and its impact on other areas such as real estate, detailed charts and further insights may be found through platforms like Yahoo Finance.

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Market Anticipates Federal Reserve Interest Rate Cut Amid Bitcoin Price Surge
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