Prices move up following June jobs report

Bitcoin and Ethereum prices surged on Thursday, July 2, 2026, with Bitcoin opening at $59,961.80 and Ethereum opening at $1,607.88. By 8:42 a.m. ET, Bitcoin had risen to $61,270.44, while Ethereum climbed to $1,656.11. The positive movement in prices was attributed to the release of the June jobs report, which showed weaker-than-expected job growth.

Analysts had anticipated an increase of 115,000 jobs in June, along with an unemployment rate of 4.3%. However, the actual figures revealed the addition of only 57,000 new jobs and a slight decrease in the unemployment rate to 4.2%. Following this news, both Bitcoin and Ethereum saw an uptick in value, reflecting investor optimism.

Looking back at the price performance of Bitcoin, it was noted that the cryptocurrency was trading 2.4% higher than the previous day’s opening. Comparing the opening prices from the past week, month, and year, Bitcoin had experienced declines of -1.7%, -15.9%, and -43.3%, respectively. The all-time high for Bitcoin was recorded at $126,198.07 on October 6, 2025, while the lowest value was $0.04865 on July 14, 2010.

Similarly, Ethereum also saw a 2.4% increase in its opening price compared to the previous day. Over the past week, month, and year, Ethereum had declined by -0.7%, -19.7%, and -33.2%, respectively. The highest value for Ethereum was $4,953.73 on August 24, 2025, and the lowest was $0.4209 on October 21, 2015.

The evolving nature of cryptocurrencies like Bitcoin and Ethereum has led to the introduction of innovative financial products, such as crypto credit cards. These cards function similarly to traditional credit cards but offer rewards in the form of cryptocurrency instead of cash back or points. Users can earn crypto rewards based on their spending, with the rewards being converted from USD to Bitcoin or other cryptocurrencies at current market rates.

The potential for growth in crypto rewards over time is a key benefit for users, as the value of their rewards can increase with the rise in cryptocurrency prices. By holding onto their rewards, users can see their value appreciate over time, even without earning additional rewards.

To track the price movements of Bitcoin and Ethereum, investors can refer to price charts that visually depict the currency’s value evolution. These charts provide a historical overview of how the prices of Bitcoin and Ethereum have fluctuated over time, helping investors make informed decisions about their investments.

In conclusion, the positive price movements of Bitcoin and Ethereum on July 2, 2026, reflect the broader market sentiment following the release of the June jobs report. As cryptocurrencies continue to evolve, investors can explore innovative financial products like crypto credit cards to leverage the potential growth opportunities in the digital asset space.