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Crypto prices moving higher following July jobs report

Crypto prices moving higher following July jobs report

Bitcoin (BTC-USD) opened at $64,259.68 on Friday, August 7, 2026, 0.5% lower than Thursday’s opening price. As of 9:02 a.m. ET this morning, the price of bitcoin moved higher to $65,143.87.

Ethereum (ETH-USD) opened at $1,902.20 on Friday, August 7, 2026, down 0.2% from Thursday’s opening price. The price of ethereum moved higher this morning to $1,929.36 as of 9:02 a.m. ET.

Bitcoin and ethereum prices are responding positively to the July jobs report that missed economists’ expectations by quite a wide margin.

Economists surveyed by Bloomberg had expected to see 80,000 new jobs created in July and an unemployment rate that would have remained unchanged. Instead, 23,000 jobs were lost in July,…

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