A smaller-than-expected showing in June job creation is giving beleaguered cryptocurrencies fresh support today, in hopes that any near-term Fed rate hikes could be delayed. Bitcoin is up 2.7% to $61,689, and other cryptocurrencies are following suit. Ethereum is back above $1,700 for the first time in over a week, rising 5.4% to $1,705. Some traders are hopeful that the worst is over for ethereum this year. "Bulls are hoping the $1,500 level can continue to act as support," says Bret Kenwell of eToro in a note. "The overall trend has been bearish for ethereum, but if momentum can shift bullish in the coming days and weeks, a larger rebound could follow." (kirk.maltais@wsj.com)