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✉news BusinessCrypto first seen 12 h ago, last 10 min ago, peak #2

Bitcoin edges higher ahead of U.S. jobs report

Original: Bitcoin edges higher ahead of U.S. jobs report as global bond yields surge

Bitcoin rose modestly as investors awaited the latest U.S. jobs report, a key input for Federal Reserve rate expectations. The move came despite a surge in global bond yields, which typically pressures risk assets like cryptocurrencies. Traders are watching whether labor market data will shift the outlook for interest rates and Bitcoin's near-term trajectory.

Why now: Markets are bracing for the U.S. jobs report, which could move interest rate expectations and crypto prices.

BitcoinU.S. Federal ReserveUnited States

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