Bitcoin and Ethereum Prices Slide Back Ahead of Inflation Data

The prices of bitcoin and ethereum have slid back on Thursday, September 10, 2026, ahead of key inflation data due to be released later this week. Bitcoin opened at $78,291.64, down 0.2% compared to Wednesday's opening price, while ethereum opened at $2,467, down 0.7% from Wednesday's opening price.

The slide in prices comes as investors await the release of the Producer Price Index (PPI) and Consumer Price Index (CPI) data, which will provide a final look at prior inflation data before the Federal Reserve meets for its two-day rate-setting meeting starting on Tuesday. The Fed's decision on interest rates is expected to have a significant impact on the prices of bitcoin and ethereum, with a 62.2% chance of a rate hike next week, according to the CME Group's FedWatch tool.

Bitcoin and Ethereum Prices: A Look at the Trends

The prices of bitcoin and ethereum have been trending upward over the past month, with bitcoin up 20.7% and ethereum up 29.3% compared to the same time last year. However, the prices have slid back in recent days, with bitcoin down 0.2% and ethereum down 0.7% compared to Wednesday's opening prices.

  • One week ago: +1.3% (bitcoin), +3.2% (ethereum)
  • One month ago: +20.7% (bitcoin), +29.3% (ethereum)
  • One year ago: -29.8% (bitcoin), -42.7% (ethereum)

What to Watch Next: The Fed's Rate Decision

The Federal Reserve's decision on interest rates is expected to have a significant impact on the prices of bitcoin and ethereum. A rate hike is likely to negatively affect the prices of both cryptocurrencies in the short term, as higher interest rates make borrowing more expensive and reduce demand for riskier assets like cryptocurrencies.

Investors will be watching closely for any signs of a rate hike or a change in the Fed's monetary policy stance. The release of the PPI and CPI data will provide a final look at prior inflation data before the Fed meets for its rate-setting meeting, and will likely have a significant impact on the prices of bitcoin and ethereum in the coming days.

Bitcoin and Ethereum: A Look at the All-Time Highs and Lows

The prices of bitcoin and ethereum have been trending upward over the past year, but have also experienced significant declines. The all-time high for bitcoin was $126,198.07 on October 6, 2025, while the all-time low was $0.04865 on July 14, 2010. The all-time high for ethereum was $4,953.73 on August 24, 2025, while the all-time low was $0.4209 on October 21, 2015.

Investors will be watching closely for any signs of a reversal in the trend, and will be looking for opportunities to buy or sell bitcoin and ethereum based on their individual investment strategies.

What's Next for Bitcoin and Ethereum?

The prices of bitcoin and ethereum are likely to remain volatile in the coming days, as investors await the release of the PPI and CPI data and the Fed's rate decision. The release of the data will provide a final look at prior inflation data before the Fed meets for its rate-setting meeting, and will likely have a significant impact on the prices of both cryptocurrencies.

Investors will be watching closely for any signs of a rate hike or a change in the Fed's monetary policy stance, and will be looking for opportunities to buy or sell bitcoin and ethereum based on their individual investment strategies.