Bitcoin opened near $64,600 on Thursday, about 0.9% above Wednesday's open, while Ethereum climbed roughly 2.1% to just over $1,900. A softer-than-expected ADP private employment reading and continuing talks over reopening the Strait of Hormuz kept risk appetite intact, though traders are treating Friday's nonfarm payrolls as the week's real test. Bitcoin's correlation with the Dow is sitting near 58%, so the macro tape is still doing most of the driving.