📡 Market Update | BTC Gives Back 80K As Tech Sells Off
BTC is trading near 76,100, down about 6% in 24h, giving back the whole midterm rebound. It climbed above 80,000 after Democrats secured both chambers, then slid as US tech stocks sold off hard.
ETH leads the drop near 2,240, down about 8% in 24h, while SOL trades near 90, down about 6%. More than 1B in leveraged positions was liquidated in 24h, mostly longs, per CoinGlass. The Nasdaq fell 5.52% on Thursday, its worst day since April 2025, on AI valuation fears.
About 2.65B in BTC options expire today, with max pain near 79,000. October payrolls land today at 8:30 ET, with consensus near 59K to 65K and unemployment seen at 4.2%. A soft print could cool December hike bets, while a hot one may keep pressure on risk.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #Nonfarm
$BTCUSDT $ETHUSDT $SOLUSDT
BTC is trading near 76,100, down about 6% in 24h, giving back the whole midterm rebound. It climbed above 80,000 after Democrats secured both chambers, then slid as US tech stocks sold off hard.
ETH leads the drop near 2,240, down about 8% in 24h, while SOL trades near 90, down about 6%. More than 1B in leveraged positions was liquidated in 24h, mostly longs, per CoinGlass. The Nasdaq fell 5.52% on Thursday, its worst day since April 2025, on AI valuation fears.
About 2.65B in BTC options expire today, with max pain near 79,000. October payrolls land today at 8:30 ET, with consensus near 59K to 65K and unemployment seen at 4.2%. A soft print could cool December hike bets, while a hot one may keep pressure on risk.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #Nonfarm
$BTCUSDT $ETHUSDT $SOLUSDT
