LIVE: Bitcoin abruptly breaks $65,000 as will it won’t it semi-rally continues
Aug 7, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan

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AI Overview
Bitcoin hovered around $65,000 and Ether traded near $1,903 as the broader crypto market stayed mostly flat ahead of US jobs data. US payrolls fell by 23,000 in July versus an expected 83,000 gain while unemployment slipped to 4.1%, reinforcing expectations the Fed will hold rates at 3.50–3.75% in September and supporting crypto price stability and risk asset sentiment.
Bullish
Bitcoin hovered around $65,000 Friday, while Ether traded near $1,903 and the broader crypto market stayed mostly flat ahead of US jobs data. US payrolls fell by 23,000 in July versus an expected 83,000 gain, while unemployment slipped to 4.1%, strengthening expectations the Fed will hold rates at 3.50% to 3.75% in September. Nasdaq 100...
