Bitcoin briefly rose above $62,000 after weak U.S. employment data, setting a new July high. It climbed to $62,137 on Bitstamp around the Wall Street open, with a daily gain nearing 4 percent. June nonfarm employment rose 57,000, below expectations of 114,000, while the jobless rate was 4.2 percent. Analysts cited shifting rate-cut expectations, bullish derivatives flows and about $450 million in short liquidations, though some warned of renewed weakness in August.

OpenAI is leaning toward delaying its initial public offering to 2027, with valuation the main issue. Internal discussions have weighed waiting to target a $1 trillion valuation against listing in late 2026 at a lower value. OpenAI also faces heavy compute infrastructure commitments through 2030 and large cash burn, alongside the burden of public-company reporting. Anthropic has filed a confidential S-1 and is targeting an October 2026 Nasdaq listing.