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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 traded slightly higher as investors awaited the latest U.S. jobs report, while government bond yields climbed across major economies. Traders are watching whether the employment data will influence the Federal Reserve's rate path, with rising yields adding pressure to risk assets including cryptocurrencies. Market commentators note the tension between macro headwinds and crypto's recent resilience.

Why now: Traders are positioning ahead of the U.S. jobs report, a key input for interest rate expectations that affects risk assets like bitcoin.

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

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