Bitcoin and ethereum prices today, Tuesday, July 28, 2026: Crypto prices slide ahead of Fed meeting

Bitcoin and ethereum prices today, Tuesday, July 28, 2026: Crypto prices slide ahead of Fed meeting

Bitcoin (BTC-USD) opened at $63,706.66 on Tuesday, July 28, 2026, 2.5% lower than Monday's opening price. As of 8:34 a.m. ET this morning, the price of bitcoin moved down to $63,327.39.

Ethereum (ETH-USD) opened at $1,890.67 on Tuesday, July 28, 2026, down 3.2% from Monday's opening price. The price of ethereum moved lower this morning to $1,877.71 as of 8:34 a.m. ET.

Bitcoin and ethereum opened lower this morning ahead of today's two-day Federal Reserve meeting. Some analysts are calling this the hardest Fed meeting to predict in years. According to the CME Group's FedWatch tool, there's a 35.8% chance the Fed will raise rates following the conclusion of its meeting tomorrow, up from 25.7% last week.

Volatility in crypto is expected to continue, as investors process potential peace developments in the Middle East and the crush of negative news around AI circular funding.

The price of bitcoin this morning was 2.5% lower than Monday's opening price. Here's a look at how the opening bitcoin price has changed versus last week, month, and year:

The price of ethereum this morning was 3.2% lower than Monday's open. Here's a look at how the opening ethereum price has changed versus last week, month, and year:

Bitcoin, ethereum, and other cryptocurrencies are rapidly evolving. Follow the latest developments from Yahoo Finance and others here.

What is Ethereum and how does it work?

Ethereum is the blockchain, while ether is the cryptocurrency that runs on it. When people say they're "buying ethereum," they're usually buying ETH — the digital asset used to run applications and store value.

Some investors trade short-term, others accumulate their holdings slowly, and still others focus on earning a yield by locking up their ETH to help run the network — a process known as staking.

Ether, the native cryptocurrency used on the Ethereum platform, remains significantly more volatile than the S&P 500 for many investors. But it's no longer a moonshot — it's a foundational piece of a modern digital portfolio.

Here's how to start investing in ethereum.

Learn more: How to buy Ethereum and what to know before you do

Whether you're brand new to tracking the value of bitcoin and ethereum or a more seasoned crypto investor, Yahoo Finance's price-of-ethereum chart below shows a visual history of how the currency's value continues to move and evolve.

More on crypto from the Yahoo Finance team:
• Do you need a bitcoin credit card?
• Can you buy crypto with a credit card?
• President Trump called for a strategic bitcoin reserve. How it would work.
• How to buy a house with crypto
• Yes, crypto is taxed. Here's when you have to pay.
• How to buy ethereum — and what to know before you do

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