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

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

Bitcoin traded modestly higher as markets awaited the latest U.S. jobs report, with global bond yields rising sharply. Traders are watching whether the labour data will shift expectations for Federal Reserve rate policy, since stronger hiring could keep rates higher for longer. The gains came even as surging yields elsewhere put pressure on risk assets across global markets.

Why now: Investors are weighing Bitcoin's move against rising bond yields and the market-moving U.S. employment data due imminently.

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• Bitcoin edges higher ahead of U.S. jobs report as global bond yields surge · CoinDesk

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