COINTELEGRAPH · 2026-11-06 17:50 UTC

Bitcoin price dips under $75K as crypto markets miss tech-stock rebound

Bitcoin fell to $74,762 after Friday's US open, its lowest level since Aug. 21, while the Nasdaq Composite gained 1.8% in the first hour as investors bought discounted tech stocks. US nonfarm payrolls rose by 165,000 in October versus a 65,000 forecast, and the unemployment rate came in at 4.1% against an expected 4.2%. Strong jobs data raised the odds of a December Fed rate hike to 76.8% from 66.9%, and analyst Keith Alan warned BTC could drop to $69,000 if support near $75,500 fails.

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