LAS VEGAS — Major cryptocurrencies rose higher on Wednesday evening as headwinds in traditional markets alleviated and the crypto markets showed signs of calming down, following Monday’s sharp rally.
What Happened: Wednesday’s market movements were influenced by the latest jobs data. According to ADP, there was an addition of 89,000 private payrolls last month, which falls significantly below the Dow Jones forecast of 160,000. Furthermore, this number is also lower than the upwardly revised figure of 180,000 payroll additions reported for August.
