Cryptocurrency markets are seeing red this morning, pulling back from last week’s gains. The downward pressure follows yesterday’s Federal Reserve meeting, where officials held interest rates steady—leaving the door open for future hikes to combat war-driven inflation.

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The market slide comes despite a major geopolitical breakthrough: a signed peace deal between the U.S. and Iran designed to fast-track the reopening of the crucial Strait of Hormuz. For now, investors are rotating capital into traditional equities to capitalize on the geopolitical relief, rather than crypto.

Market Performance Snapshot

1. Bitcoin (BTC-USD)

Bitcoin opened down 1.8% from Wednesday’s open and continued to slide into the early morning hours.

• Opening Price: $64,450.44
• Price (7:33 AM ET): $63,980.59
• Historical Context: While BTC remains up 4.9% over the last week, it is down 16.8% over the past month and down 38.4% year-over-year.
  • All-Time High: $126,198.07 (Oct. 6, 2025)
  • All-Time Low: $0.04865 (July 14, 2010)

2. Ethereum (ETH-USD)

Ethereum mirrored Bitcoin’s downward trajectory, opening 2.3% lower than the previous session.

• Opening Price: $1,748.91
• Price (7:33 AM ET): $1,744.25
• Historical Context: ETH has rallied 7.9% over the last seven days, but faces broader headwinds, sitting down 17.8% over the last month and down 30.3% year-over-year.
  • All-Time High: $4,953.73 (Aug. 24, 2025)
  • All-Time Low: $0.4209 (Oct. 21, 2015)

Trending: How Crypto Credit Cards Offer a Silver Lining in Volatile Markets

With asset prices down from their 2025 all-time highs, some investors are turning to passive accumulation strategy tools, such as crypto credit cards.

How They Work

Aside from the rewards mechanism, a crypto credit card operates identically to a standard card. You are approved for a set credit limit, make daily purchases, and owe interest (APR) if you fail to pay your statement balance in full each month.

The Rewards Structure

Instead of earning traditional cash back, points, or airline miles, your earnings are automatically converted into cryptocurrency at current market values.

• The Math: If you spend $500 on a category offering 3% back, you earn $15. Instead of a cash credit, that $15 is instantly converted to its equivalent value in Bitcoin (or another token) and deposited directly into your crypto account.

The Long-Term Play: The core advantage of crypto rewards is their exposure to market upside. For instance, a user who accumulated $100 worth of Bitcoin rewards by the end of 2024 saw that identical balance appreciate to roughly $114 by October 2025 without spending another dime.

For real-time tracking and historical asset data, view the interactive Yahoo Finance charts for Bitcoin and Ethereum.

Editing by-katie willimas