Jobs Data

Bitmine bought 7,391 ETH last week, its smallest weekly Ethereum purchase of the year, while increasing attention on share repurchases. Chairman Tom Lee said softer inflation and jobs data could support crypto despite the CLARITY Act missing a Senate vote before the August recess.

Bitcoin climbed toward $62,000 as a wave of liquidations squeezed bearish traders and lifted major tokens across the market. Ether and Solana outperformed, while weaker U.S. jobs data helped ease pressure on risk assets.