Good news, red candles
Yahoo Finance reported bitcoin opening at $73,525.74 on Friday, down 1.1% from Thursday's open, then slipping to $73,381.81 by 7:42 a.m. ET. Ether opened at $2,006.97, off 0.7%, and sat at $2,003.66 at the same timestamp.
The headline on that report matters more than the numbers: prices opened lower despite news of a U.S.-Iran truce. Geopolitical de-escalation is normally the kind of thing risk assets like. This tape decided not to care.
- $73,525.74
- BTC open, May 29
- $2,006.97
- ETH open, May 29
- $126,198.07
- BTC all-time high, Oct 6 2025
For scale, Yahoo Finance notes bitcoin's all-time high of $126,198.07 from Oct. 6, 2025, and ether's $4,953.73 from Aug. 24, 2025. A day earlier, Bitget's May 28 market snapshot put bitcoin near $73,150 with a market cap around $1.46 trillion, and $DOGE — still the sector's crude sentiment gauge — at roughly $0.099 with about $15.4 billion in market cap.
What it means for degens
There is no Solana-specific catalyst in any of this, and that is precisely the point. Memecoin liquidity is downstream of majors. When bitcoin refuses to bid on genuinely constructive macro news, the marginal dollar that would otherwise rotate into a fresh launch tends to stay parked.
Bitcoin and ethereum prices today, Friday, May 29, 2026Yahoo Finance: prices open lower despite news of a U.S.-Iran truce.finance.yahoo.com Top 10 cryptocurrencies of May 28, 2026Bitget's market snapshot with bitcoin near $73,150 and dogecoin around $0.099.www.bitget.com