Crypto stays hesitant as bond yields ease and Fed bets cool
U.S. job-market data weaker than expected eased bond yields and reduced Fed rate-hike expectations, but cryptocurrencies stayed below the overnight green zone amid anxiety ahead of Friday’s monthly payrolls data.
WASHINGTON (dpa-AFX) - A weaker-than-expected update from the U.S. job market that triggered an easing in bond yields and the toning down of Fed rate hike bets failed to lift cryptocurrencies to the overnight green zone.
Anxiety ahead of the monthly payrolls data due on Friday weighed on sentiment…