U.S. added 165,000 jobs in October, blowing past 65,000 estimate

Crypto Insight Summary: While important, job numbers are likely to take a back seat to both the inflation data and the stock market as the Fed decides the course of interest rates. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Strong jobs may lower Fed cut expectations, lift yields and pressure risk assets.