Bitcoin Price Falls Ahead of Jobs Report: Is a Fourth Sell-Off Inbound?

In Bitcoin news on Friday, November 6, BTC heads into the US October jobs report at 8:30 a.m. ET after closing Thursday at $76,088. BTC USD price is now below its 200-day average for the first time since August 19. The report itself has been a coin toss. The recent record has not. 🚨 MARKET ALERT: U.S. UNEMPLOYMENT DATA DROPS TODAY AT 8:30 AM ET! 🇺🇸 One number could influence today's market reaction. 📊 Unemployment Rate• Previous: 4.2%• Forecast: 4.2%Here's what I'm watching:🔹 Above 4.2% → A weaker labor market could ease rate-hike concerns and… pic.twitter.com/6Zu5ewzubQ — OwenCarter (@OwenCarter0el) November 6, 2026 A Coinspeaker review of all 104 jobs reports since January 2018 shows Bitcoin was higher 24 hours later after exactly 52 of them. A week later, though, it was lower after each of the last three: down 3.3% in August, 5.2% in September and 3.7% in October. The setup is already weak. Bitcoin trades at $76,160, down 5.1% in 24 hours, after Thursday’s chip-stock sell-off dragged it from $80,918 to $75,208, its lowest since September 16. The Crypto Fear & Greed Index fell from 50 to 28 in a day. The jobs data also feeds straight into the Fed. Traders on Polymarket now pr...