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, and the unemployment rate ticked down to 4.1%.

The opening price of bitcoin this morning was 0.5% lower than Thursday’s opening price. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

One week ago: -0.7%

One month ago: +0.4%

One year ago: -44.1%

The all-time high for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low value for bitcoin was $0.04865 on July 14, 2010. 

The price of ethereum this morning was 0.2% lower than Thursday’s open. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

One week ago: -0.8%

One month ago: +5.8%

One year ago: -48.4%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low value for ethereum was $0.4209 on Oct. 21, 2015. 

Bitcoin, ethereum, and other cryptocurrencies are rapidly evolving. Follow the latest developments from Yahoo Finance and others here.

So, you put a little mad money into bitcoin a few years ago. Now, your crypto-fueled profit means you have a sweet nest egg to put toward a house.

But can you buy a house with crypto rather than using cash or a traditional…

..

Source

Recommended For You

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: