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Live updates: 'This can't last forever': Mulling bitcoin's lame price action as risk markets rally

CoinDesk·August 7, 2026·1 min read
Live updates: 'This can't last forever': Mulling bitcoin's lame price action as risk markets rally

Bitcoin's price action remains lackluster as risk markets rally, with the U.S. losing 23,000 jobs in July, the first such loss since February. Expectations had been for a gain of 80,000 jobs. The weak labor data raises questions about the sustainability of the current market environment for Bitcoin.

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