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Crypto prices rise as investors watch Hormuz negotiations and jobs report closely

Crypto prices rise as investors watch Hormuz negotiations and jobs report closely

Bitcoin (BTC-USD) opened at $64,052.56 on Wednesday, August 5, 2026, 0.9% higher than Tuesday’s opening price. As of 8:29 a.m. ET this morning, the price of bitcoin moved up to $64,486.72.

Ethereum (ETH-USD) opened at $1,868.36 on Wednesday, August 5, 2026, up 0.5% from Tuesday’s opening price. The price of ethereum moved higher this morning to $1,880.89 as of 8:29 a.m. ET.

Bitcoin and ethereum prices are moving in the right direction this morning, as both cryptocurrencies opened higher than on Tuesday and are rising this morning in early trading. While this certainly isn’t the first time the price of bitcoin has moved over the $64,000 mark in recent days and weeks, the question becomes: how long can it…

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