📡 Strong Jobs Report Tests BTC Near 76K
BTC trades near 75,900, roughly flat in 24h, after dipping toward 74,900 on a hot US jobs report. October payrolls rose 165,000, far above the 65,000 consensus, while unemployment eased to 4.1% and prior months were revised up by 84,000.
ETH holds near 2,240, little changed in 24h, while SOL trades near 90, up about 1%. Spot BTC and ETH ETFs saw combined net outflows of about 530 million in the November 5 session.
A strong labor market gives the Fed more room to focus on inflation, and December hike bets moved higher after the print. The dip low near 74,900 is the first level to watch, with the 200 day average near 73,200 below. October CPI on November 10 is the next big input ahead of the December 9 Fed meeting.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #Nonfarm
$BTCUSDT $ETHUSDT $SOLUSDT
BTC trades near 75,900, roughly flat in 24h, after dipping toward 74,900 on a hot US jobs report. October payrolls rose 165,000, far above the 65,000 consensus, while unemployment eased to 4.1% and prior months were revised up by 84,000.
ETH holds near 2,240, little changed in 24h, while SOL trades near 90, up about 1%. Spot BTC and ETH ETFs saw combined net outflows of about 530 million in the November 5 session.
A strong labor market gives the Fed more room to focus on inflation, and December hike bets moved higher after the print. The dip low near 74,900 is the first level to watch, with the 200 day average near 73,200 below. October CPI on November 10 is the next big input ahead of the December 9 Fed meeting.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #Nonfarm
$BTCUSDT $ETHUSDT $SOLUSDT
