Live updates: Bitcoin flat at $64,300 before US jobs report, with oil back as a headwind

CryptoInfo Editorial Team · Published on August 07, 2026 at 07:44 · Updated on August 07, 2026 · 1 min read

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Key Takeaways

→Bitcoin's price is currently steady at $64,300.
→The US jobs report is expected to be a catalyst for bitcoin's price movement.
→Oil prices are posing a potential headwind due to stalled Hormuz talks and inflation worries.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin's price is currently flat at $64,300, according to CoinDesk. This stability comes as the market awaits the release of the US jobs report, which is expected to be a catalyst for price movement.

Oil prices, particularly Brent, have climbed due to stalled talks regarding the Strait of Hormuz, thereby reviving worries about inflation. These inflation concerns have capped bitcoin's price all summer.

This update is based on reporting from CoinDesk, which notes that today's US payrolls print will be the next key factor influencing bitcoin's price.

Source: CoinDesk ↗

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