Bitcoin and ethereum prices today, Tuesday, September 8, 2026: Crypto prices sliding as U.S.-Iran fighting continues

Bitcoin (BTC-USD) opened at $79,093.85 on Tuesday, September 8, 2026, 1.6% lower than Monday's opening price. As of 7:20 a.m. ET this morning, the price of bitcoin fell to $78,370.62.

Ethereum (ETH-USD) opened at $2,489.84 on Tuesday, September 8, 2026, down 1% from Monday's opening price. The price of ethereum edged lower this morning to $2,473.66 as of 7:20 a.m. ET.

Crypto prices are sliding this morning as the conflict between the U.S. and Iran wages on. Fresh attacks today followed military exchanges over the weekend that have pushed oil prices back near $100 a barrel, heightening inflation concerns one week before the Fed is set to meet about interest rates.

Everyone from independent investors to the members of the FOMC committee will get their final look at inflation data later this week before the start of the Fed's two-day meeting on September 15.

Right now, there's a 60% expectation the Fed will raise rates next week, according to the CME Group's FedWatch tool. Higher rates are a natural headwind for crypto prices since they don't pay investors any interest.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning, Tuesday, September 8, 2026, was 1.6% lower than Monday's opening price. Here's a look at how the opening bitcoin price has changed versus last week, month, and year: