BTC and ETH rise after weaker-than-expected July jobs data reduced Fed rate-hike bets for September.
Bitcoin (BTC) climbed to $64,935.75 by 8:43 a.m. ET on August 10, 2026, extending a four-day streak above $65,000. The cryptocurrency opened at $64,848.91, down 0.1% from Sunday’s open. Ether (ETH) rose to $1,913.13, up from its opening price of $1,908.93, a 0.3% decline from the prior day.
The gains followed Friday’s softer-than-expected U.S. jobs report, which led analysts to trim expectations for a Federal Reserve rate increase in September. Bitcoin has risen 2.6% over the past month but remains 44.3% below its October 2025 peak of $126,198.07. Ether’s price has held within a narrow range, with minimal weekly movement.
Two key inflation reports this week could shift Fed policy expectations, potentially pressuring crypto prices if data surprises to the upside.