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Reading: Bitcoin Surges to Highest Opening Since February, While Ethereum Sees Decline
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Bitcoin

Bitcoin Surges to Highest Opening Since February, While Ethereum Sees Decline

News Desk
Last updated: April 17, 2026 12:37 pm
News Desk
Published: April 17, 2026
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Bitcoin (BTC-USD) commenced trading on Friday at $75,151.99, reflecting a 0.5% increase from Thursday’s opening price of $74,810.87. At 7:44 a.m. ET, the price of Bitcoin rose slightly to $75,428.90. In parallel, Ethereum (ETH-USD) opened at $2,348.49 on Friday, which is a 0.5% decrease from the previous day’s opening price of $2,359.70, with a slight recovery to $2,350.55 by the same time.

This week has shown promising momentum for both cryptocurrencies. Bitcoin’s opening value of $75,151.99 marks its highest opening since February 4, while Ethereum’s opening price of $2,348.49 is the highest since March 18.

The fluctuation in Bitcoin prices this morning indicates an increase of 0.5% compared to Thursday. Looking at the broader trends, Bitcoin’s performance reveals a significant growth trajectory over the last week, where it has surged by 4.7%. Over the past month, there has been a modest increase of 0.4%, although it remains down by 10.6% compared to the same period last year. Bitcoin’s all-time high currently stands at $126,198.07, reached on October 6, 2025, while its all-time low was recorded at $0.04865 on July 14, 2010.

On the Ethereum front, the morning price reflects a decrease of 0.5% from Thursday’s figure. However, it has grown by 7.3% over the past week and only dipped by 0.1% in the last month. Year over year, Ethereum has seen a remarkable increase of 48.8%. Its all-time high was $4,953.73 on August 24, 2025, while the lowest value documented was $0.4209 on October 21, 2015.

A notable development in the cryptocurrency landscape involves a push for the integration of crypto assets into the housing market. In June, William J. Pulte, Director of the Federal Housing Finance Agency (FHFA), ordered Fannie Mae and Freddie Mac to prepare to recognize cryptocurrency as an asset for mortgage purposes. This change aims to enhance the accessibility of homeownership for those who have invested in cryptocurrencies like Bitcoin and Ethereum.

Pulte emphasized the necessity for a “massive upgrade” in the housing system, advocating for equal opportunities for cryptocurrency owners wanting to purchase homes. He stated, “I believe cryptocurrency is an asset. I believe Americans should be able to use their crypto if they want to. It’s time the housing system caught up.”

This initiative signals a significant shift in how prospective homebuyers may soon leverage their cryptocurrency holdings in traditional real estate transactions. As the market evolves, both novice and experienced investors can track the continual changes in Bitcoin and Ethereum values through detailed analytics and charts available from various financial platforms.

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CoinMela News Desk brings you the latest updates, insights, and in-depth coverage from the world of cryptocurrencies, blockchain, and digital finance.
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