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Crypto costs transferring increased following July jobs report

whysavetoday by whysavetoday
August 7, 2026
in Business
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Crypto costs transferring increased following July jobs report
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Bitcoin (BTC-USD) opened at $64,259.68 on Friday, August 7, 2026, 0.5% decrease than Thursday’s opening value. As of 9:02 a.m. ET this morning, the value of bitcoin moved increased to $65,143.87.

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

Bitcoin and ethereum costs are responding positively to the July jobs report that missed economists’ expectations by fairly a large margin.

Economists surveyed by Bloomberg had anticipated to see 80,000 new jobs created in July and an unemployment fee that may have remained unchanged. As an alternative, 23,000 jobs had been misplaced in July, and the unemployment fee ticked all the way down to 4.1%.

Present value of bitcoin and ethereum

Bitcoin 

The opening value of bitcoin this morning was 0.5% decrease than Thursday’s opening value. Here is a take a look at how the opening bitcoin value has modified versus final week, month, and yr:

  • One week in the past: -0.7%

  • One month in the past: +0.4%

  • One yr in the past: -44.1%

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

Ethereum

The value of ethereum this morning was 0.2% decrease than Thursday’s open. Here is a take a look at how the opening ethereum value has modified versus final week, month, and yr:

  • One week in the past: -0.8%

  • One month in the past: +5.8%

  • One yr in the past: -48.4%

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

Bitcoin, ethereum, and different cryptocurrencies are quickly evolving. Comply with the newest developments from Yahoo Finance and others right here.

Can you purchase your subsequent home with crypto? 

So, you set a bit of mad cash into bitcoin a number of years in the past. Now, your crypto-fueled revenue means you’ve gotten a candy nest egg to place towards a home.

However can you purchase a home with crypto relatively than utilizing money or a conventional mortgage mortgage? What are the roadblocks? And what about taxes?

President Trump desires the USA to be “the crypto capital of the world.” In that spirit, in late June, Director of the Federal Housing Finance Company (FHFA) William J. Pulte ordered Fannie Mae and Freddie Mac to “put together their companies to depend cryptocurrency as an asset for a mortgage.”

The FHFA supervises Fannie Mae and Freddie Mac, the government-sponsored corporations that fund a significant portion of the mortgage trade.

Pulte stated the housing system “wants an enormous improve,” including, “I need individuals who personal cryptocurrency to have the ability to purchase properties like everybody else. I imagine cryptocurrency is an asset. I imagine People ought to be capable to use their crypto in the event that they need to. It is time the housing system caught up.”

This indicators what may very well be a basic change to how cryptocurrency could also be used to qualify for a mortgage.

Be taught extra: Need to purchase a home with crypto? Here is what to anticipate. 

Bitcoin and ethereum value charts

Whether or not you are model new to monitoring the worth of bitcoin and ethereum or a extra seasoned crypto investor, Yahoo Finance’s price-of-bitcoin chart and price-of-ethereum chart beneath present a visible historical past of how the currencies’ worth continues to maneuver and evolve.

Extra data on crypto from the Yahoo Finance staff: 

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