Bitcoin and ethereum prices today, Tuesday, September 1, 2026: Crypto prices falling as inflation concerns persist

Bitcoin (BTC-USD) opened at $78,559.11 on Tuesday, September 1, 2026, 1.1% higher than Monday's opening price. As of 8:19 a.m. ET this morning, the price of bitcoin fell to $77,945.97.

Ethereum (ETH-USD) opened at $2,467.13 on Tuesday, September 1, 2026, up 2% from Monday's opening price. The price of ethereum edged lower this morning to $2,454.23 as of 8:19 a.m. ET.

Crypto, gold, and silver prices are all following a similar pattern this morning: stronger openings than yesterday are giving way as mounting expectations that the Fed will raise rates later this month weigh on prices.

According to the CME Group's FedWatch tool, there's currently a 66.4% chance the Fed raises rates by 25 basis points later this month, and a 33.6% expectation that it will leave rates unchanged. Just last week, the opposite was true: economists estimated a 60.4% chance the Fed would leave rates unchanged and a 39.6% chance rates would rise.

The Fed knows they have work to do to control price growth, but the ongoing war in Iran is making their job extremely difficult. The first U.S. attacks against Iran since July this weekend and recent threats of additional strikes by President Trump have sent oil prices rising along with rate hike expectations.