Markets › News › Macro

Bitcoin, Ethereum Slip as US Job Growth Exceeds October Forecast

A stronger-than-expected US jobs reading accompanied mild losses in major cryptocurrencies and more than $530 million in combined spot ETF outflows.

A stronger-than-expected US jobs reading accompanied mild losses in major cryptocurrencies and more than $530 million in combined spot ETF outflows. Bitcoin (BTC) is trading at ₹71,51,565 ($75,968.00). This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Sat, 07 Nov 2026 03:00:01 UTC.

Why it matters

The employment data, ETF fund flows and prevailing risk sentiment are the immediate market context for Bitcoin and Ethereum. Their limited daily moves contrast with a week of weakness in Bitcoin and extreme fear across the broader crypto market.

Key takeaways
  • US non-farm payrolls rose 165,000 in October 2026.
  • Unemployment held at 4.1%, according to the US Labor Department.
  • Combined spot BTC and ETH ETF outflows exceeded $530 million.
  • Bitcoin is down 1.95% over seven days; the Fear & Greed index is 25.

The US Department of Labor reported 165,000 non-farm jobs created in October 2026, while unemployment remained at 4.1%, according to Crypto Economy. The employment update was the principal macro development cited alongside softer cryptocurrency prices, although the available coverage does not establish a direct causal relationship between the two. Crypto Economy reported that Bitcoin retreated to $75,854 and Ethereum to about $2,230. It also said spot Bitcoin and Ethereum exchange-traded funds recorded combined net outflows exceeding $530 million in the preceding session, adding a fund-flow signal to the market backdrop.

Live pricing showed Bitcoin at $75,996, down 0.09% over 24 hours and 1.95% over seven days. Its market capitalization stood at $1.53 trillion. Ethereum was $2,246.07, up 0.32% over 24 hours but down 0.15% over seven days, with a $274.45 billion market capitalization.

The broader crypto market was flat at a $2.62 trillion total capitalization, while the Fear & Greed index registered 25, classified as extreme fear. The contrast between Bitcoin’s seven-day decline and Ethereum’s nearly unchanged weekly performance is notable, but neither asset displayed a sharp move in the latest 24-hour session.

The employment figure and ETF outflows provide context for monitoring near-term sentiment, but the single available report leaves the response of Bitcoin and Ethereum subdued in the latest session. Follow-up market flows, the employment data’s influence on expectations and whether Bitcoin’s weekly loss persists are the clearest areas to watch.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹71,54,200.90$75,996.00 to ₹71,51,565.00$75,968.00 — -0.04%.

$75,964$75,973$75,982$75,991$76,000 published · $75,996 now · $75,968 (-0.04%) Nov 7 01:10 UTC Nov 7 03:00 UTC
BeforeSince publishPublished · ₹71,54,200.90$75,996.00
CoinAt publishNowSince publish
BTC₹71,54,200.90$75,996.00₹71,51,565.00$75,968.00-0.04%
ETH₹2,11,443.18$2,246.07₹2,11,337.75$2,244.95-0.05%

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

Prediction-market odds snapshot

Will Ethereum dip to $2,200 in November?

Yes 86%

Crowd-implied probability on Polymarket, ₹10.06M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 7 02:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹7.41M (about $75,968.00), down 0.2% over 24 hours. The rupee itself trades about 3.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

#1
₹71,51,565.00$75,968.00 ▼ 0.20%
7d -1.95%MCap ₹143.80TFull BTC data →
₹2,11,337.75$2,244.95 ▲ 0.19%
7d -0.15%MCap ₹25.83TFull ETH data →
The market when this published · November 7, 2026
Total market cap₹246.59T
Bitcoin 24h-0.09%
Ethereum 24h+0.32%
BTC dominance58.3%
Fear & Greed25 · Extreme Fear

Bitcoin, Ethereum Slip as US Job Growth Exceeds October Fore — questions & answers

How many US jobs were created in October 2026?

The US Department of Labor reported 165,000 non-farm jobs created, while the unemployment rate held at 4.1%.

What were the latest Bitcoin and Ethereum prices?

Bitcoin was $75,996 and Ethereum was $2,246.07 in the supplied live market data.

How much flowed out of spot BTC and ETH ETFs?

Crypto Economy reported combined net outflows exceeding $530 million in the previous session.

How much is 1 Bitcoin worth in rupee today?

About ₹7.41M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $75,968.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 7, 2026 ⛓ Timestamped at Bitcoin block #974,877 sha256:de82d123787cbe0e
Based on reporting by Crypto Economy — this is an original Token Times summary with live market data, not the original article.Crypto Economy · Nov 7 01:10 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.