LIVE: Bitcoin abruptly breaks $65,000 as will it won’t it semi-rally continues
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 expe
A
AnonymousCryptoCompass newsroom
August 7, 2026
1 min read
NEWS
Hero article visual / chart / editorial image
CryptoCompass editorial visual for markets coverage.
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 futures jumped 1.2%, S&P 500 futures rose 0.5%, and Dow futures gained 160 points after Wall Street’s previous session ended lower.
On July 30, bitcoin started leaving wallets that nobody had touched. Inside twenty-five minutes, roughly 594 BTC drained out of about 500 separate wallets and landed in a single consolidation
The XRP derivatives market registered a swift and significant unwinding of leveraged positions, leaving buyers—who had anticipated a sustained rally—at considerable risk. The imbalance in los