✉news BusinessCrypto first seen 14 h ago, last 1 h 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
Rank over time, top of the chart is #1. 11 snapshots from 14 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/713406