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Another strong opening for Bitcoin and Ethereum

Summary from Yahoo Finance·July 7, 2026
Another strong opening for Bitcoin and Ethereum

BTC and ETH opened firmly again on July 7, extending the early-July rebound — before geopolitical headlines interrupted the run a day later.

Bitcoin and Ethereum posted another strong opening on Tuesday, July 7, extending the rebound that had carried the market off June's multi-year lows.

The early-July recovery had been powered by a softer U.S. jobs report, returning ETF inflows, and the historical tendency for a weak June to be followed by a stronger July.

The strength would prove short-lived: renewed U.S.–Iran strikes the following day knocked prices back and reintroduced the geopolitical risk premium the market had briefly shed.