Bitcoin holders realized more than $2 billion in losses across three days as exchange selling intensified and expectations of a US interest rate hike increased. Bitcoin briefly traded below $75,000 on Friday after selling in US technology stocks spread to digital assets. CryptoQuant analyst Darkfost identified $75,000 as a critical threshold, and a failure to hold that level could send Bitcoin toward $70,000. October's US jobs gain of 165,000 exceeded economists' forecast of 65,000, increasing expectations of another Federal Reserve rate hike in December. A recovery in spot demand or stablecoin liquidity could help Bitcoin stabilize, but continued weakness risks a test of $70,000 even without another Federal Reserve surprise.