U.S. February ADP Employment Report Officially Released
According to the report, the U.S. private sector added 63,000 jobs in February, exceeding market expectations of approximately 48,000 to 50,000 jobs. This indicates a rebound in labor market hiring momentum, but the overall growth remains moderate and well below the peak levels seen after the pandemic.
(Previous context: Bitcoin struggles to break through $66,000, hovering sideways; Federal Reserve officials warn: Iran war makes rate cuts more distant)
(Additional background: U.S. January non-farm payrolls “surprisingly strong”! Markets bet on a Fed rate cut in July; Bitcoin surpasses $68,000, Ethereum hits $2,000)
The U.S. February ADP employment report (commonly known as “Small Non-Farm”) was officially released this evening (4th), in collaboration with ADP Research and Stanford Digital Economy Lab. The report shows that private sector employment increased by 63,000 jobs in February, the highest since November 2025, surpassing market expectations of around 48,000 to 50,000.
Other related data include: the annual salary growth rate remains at 4.5%, unchanged from January, indicating relatively stable wage pressures. In terms of industries, construction and education/health services are the main growth drivers, contributing most of the new jobs; leisure and hospitality saw slight increases, while manufacturing experienced a small decline.
In summary, this report indicates a rebound in labor market hiring momentum, but the overall growth remains moderate and significantly below pandemic peak levels. As a leading indicator of the official Non-Farm Payrolls (NFP) report, today’s ADP data may provide a positive reference for the March NFP release scheduled for this Friday. However, before the official non-farm data is published and amid recent tensions in the Middle East, the market remains cautious. Both Bitcoin and Ethereum showed little movement after the data release, with no clear reaction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves
Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.
GateNews27m ago
73% of Americans in financial distress are turning to cryptocurrencies, with financial nihilism sweeping Generation Z
Research shows that 73% of Americans using cryptocurrencies gamble due to financial hardship, with the rate among Generation Z reaching 80%. As high living costs and traditional savings methods become ineffective, investing in high-risk assets is seen as a way to pursue financial goals. The appeal of cryptocurrencies comes from the hope of improving one's situation rather than pure greed.
MarketWhisper3h ago
U.S. February unadjusted CPI year-over-year rate to be announced tonight at 20:30, expected 2.4%
The U.S. Department of Labor will release the February CPI data tonight, with market expectations remaining the same at 2.4% as the previous value. CPI is an important inflation indicator, and the data release could influence the dollar's movement. Despite February non-farm employment data falling short of expectations, market expectations for interest rate cuts have not been significantly adjusted.
GateNews5h ago
BlackRock: The gold and silver bull market is still ongoing, and new demand is reshaping the market structure
BlackRock stated that despite fluctuations in the precious metals market, the bull market for gold and silver will continue. The main driving factors include increasing government debt, geopolitical uncertainties, and growing industrial demand. It is expected that gold and silver will help diversify risk in investment portfolios.
GateNews5h ago
Crypto Shines Amid Middle East Oil Shock and Market Selloff
Bitcoin remains stable amid market turmoil fueled by rising oil prices and inflation, outperforming traditional assets. Its reduced leverage limits forced selling, attracting long-term investors eyeing potential gains in a volatile landscape.
CryptoFrontNews10h ago
BTC 15-minute decline of 0.70%: On-chain large transfers and macro bearish signals resonate, triggering short-term selling pressure
From 18:00 to 18:15 (UTC) on March 10, 2026, BTC experienced a significant price fluctuation, with a 15-minute return of -0.70%. The price range was 70366.3-70915.0 USDT, with an amplitude of 0.77%. During the same period, trading volume increased by 18% compared to the previous hour's average, and the order book depth temporarily narrowed, indicating increased market volatility and heightened attention.
The main drivers of this fluctuation were multiple large on-chain fund transfers and macro news resonance. Between 18:03 and 18:12, there were several on-chain transactions exceeding 500
GateNews11h ago
