Crypto Prices Climb After Softer July Jobs Report Eases Rate Hike Fears

Bitcoin opened at $64,259.68 on August 7 and rose to $65,143.87 in morning trading, while Ethereum moved from $1,902.20 to $1,929.36. The gains followed the July jobs report, which showed softer economic data and reduced expectations for near-term interest rate increases, lifting overall crypto market sentiment.