Bitcoin Holds Near $77,000 as Softer ADP Jobs Data Pushes Yields Lower

Bitcoin was trading near $77,000 after a weaker-than-expected U.S. private-sector employment report helped ease market yields, according to CoinDesk. ADP reported that private employers added 38,000 jobs, falling short of forecasts and marking the weakest private-sector job growth since January. The data provided the latest market signal on labor-market conditions as investors monitored its potential influence on rates and risk-sensitive assets. The report’s immediate backdrop included lower yields and Bitcoin holding close to the $77,000 level. Other crypto assets covered alongside Bitcoin included AKE, JST, NEAR, ORE and WIN. The supplied report does not provide additional price levels or performance details for those tokens.