Bitcoin, Ethereum Prices Fall Amid June Decline

The prices of Bitcoin and Ethereum have been falling consistently throughout June. On Friday, June 26, 2026, Bitcoin opened at $59,706.75, down 2.1% from Thursday's opening price. Ethereum also fell, opening at $1,564.86, a decrease of 3.4% from the previous day.

The release of the Personal Consumption Expenditures index on Thursday may have contributed to the decline in prices. Bitcoin opened below $60,000 and Ethereum below $1,600 today. This marks a significant drop for both assets: Bitcoin is down 5.6% from Monday's price and 18.8% since June 1, while Ethereum has fallen 8.2% since Monday and 21.9% since June 1.

Director of the Federal Housing Finance Agency (FHFA) William J. Pulte recently ordered Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage, signaling a potential shift in how cryptocurrency is used to qualify for a mortgage.