According to CoinMeta, on September 1, 2026, Bitcoin (BTC) opened at $78,559.11, which was 1.1% higher than its opening price on Monday. By 8:19 a.m. Eastern Time, the price of Bitcoin fell to $77,945.97. Ethereum (ETH) opened at $2,467.13, up 2% from Monday, but its price also slightly dropped to $2,454.23 in the early hours. As expectations for the Federal Reserve to raise interest rates this month increased, prices of cryptocurrencies, gold, and silver generally declined. According to the FedWatch tool of CME Group, the current market expects a 66.4% probability that the Federal Reserve will raise interest rates by 25 basis points. At the same time, the tensions in the Iranian situation also pose challenges to the Federal Reserve's decision-making.