bitcoinfiveweeklylosses

Bitcoin has closed lower for five straight weeks, and last week’s sharp selloff in AI stocks added to the pressure. The price now sits between its 50-day moving average at $81,800 and its 200-day average at $73,200, trading around $75,950 on November 8.AI Stock Selloff Spreads to CryptoThe Nasdaq Composite fell about 5.5% on November 5, its worst day since April 2025, on concerns that Democratic control of Congress could slow the AI data center buildout. Chip stocks had their worst session since the March 2020 Covid selloff.The losses hit AI hardware hardest. For the week:Sandisk fell 27.4%Micron dropped 22%The VanEck Semiconductor ETF (SMH) fell 11.2%The Nasdaq lost 3.4% overallThe selling spread to crypto. More than $1 billion in leveraged positions were liquidated over 24 hours, according to CoinGlass. Bitcoin liquidations reached $1.27 billion, about $1.1 billion of it from long positions. Over the same period, bitcoin fell 5.3% and ether 7.3%.Wall Street Cut Risk Across the BoardMorgan Stanley’s derivatives team said leveraged ETFs sold a record $57 billion of US stocks on November 5, the most since data began in 2007. Hedge fund net leverage fell 5 points in a single day, the fifth-largest drop since 2010, and retail selling in the first 90 minutes was the second-largest since 2016.Morgan Stanley also noted that stocks are moving more closely together, a sign that risk-cutting is spreading. Bitcoin has followed the same pattern: it fell with stocks during the selloff but did not join Friday’s rebound in chip stocks.Bitcoin ETFs See OutflowsBitcoin ETFs saw withdrawals as markets fell. On November 5, Fidelity’s FBTC lost about $200 million and BlackRock’s IBIT lost $105 million, extending IBIT’s outflow streak to five sessions, according to Farside Investors.Rate Hike Bets Add PressureA strong US jobs report added to the strain. The US added 165,000 jobs in October, far above the 65,000 forecast, and unemployment fell to 4.1%. Fed funds futures now price about an 80% chance of a December rate hike, according to LSEG. Higher rates tend to weigh on riskier assets such as tech stocks and crypto.US October CPI data, due Tuesday at 13:30 UTC, is the next test.Funding Rates Turn NeutralDerivatives data shows the selling has calmed. BTC funding rates are in the neutral range at 0.0081% to 0.0087%, according to CoinGlass, and ETH funding has also risen into neutral territory.On-chain data still shows heavy short positioning. Analyst KillaXBT noted that long-to-short ratios are at extremes that have coincided with past market bottoms.Key Levels: $90,000 Upside, $72,000 DownsideLevelWhat it is~$90,000Upside target if support holds, some analysts say~$82,000Trapped long positions that could cap a rebound$81,80050-day moving average$75,000–77,000This week’s key range$73,200200-day moving average$72,000–73,000Downside target if $75,000 breaksA rebound could be helped by oversold signals and buy orders below the price, while a break under $75,000 would open the way to the 200-day average.

#JobsReportRaisesHikeOdds
## 🔍 Introduction
If you follow crypto, you've probably seen traders say "TradFi is moving the market." 🤔 It sounds complicated, but the idea is simple. Crypto does not live in its own bubble. Banks, the US dollar, gold, stocks and the Federal Reserve all affect the price of Bitcoin and altcoins. This guide explains TradFi in easy language and shows why one jobs report can shake the whole crypto market. 🚀
## 📖 What Does TradFi Mean?
**TradFi = Traditional Finance.** It is the old, established financial system that existed long before Bitcoin. 🏛️ It includes:
- 🏦 **Banks:** They hold deposits, give loans and move money around.
- 💵 **The US Dollar:** The world's main reserve currency. Most crypto is priced against it.
- 🥇 **Gold:** The classic safe-haven asset people buy in uncertain times.
- 📈 **The Stock Market:** Companies' shares, such as those on the Nasdaq and the S&P 500.
- 🏛️ **The Federal Reserve (the Fed):** The US central bank. It sets interest rates and has huge influence over global money.
## ⚔️ TradFi vs Crypto: What's the Difference?
- ⏰ **Hours:** TradFi markets close on nights and weekends. Crypto trades 24/7. 🌍
- 🔑 **Control:** In TradFi, institutions hold your money. In crypto, you can hold your own keys.
- 🌐 **Access:** Crypto is open to anyone with internet. TradFi often needs accounts, paperwork and approvals.
- 🎢 **Volatility:** Crypto usually swings harder than stocks or gold.
Even with these differences, the two worlds are connected, because the same big investors and the same US dollar sit behind both. 🔗
## 💡 Why Does TradFi Move Crypto?
1. 💰 **Interest rates:** When rates are high, safe assets like bonds pay more, and risky assets like crypto can lose appeal. When rates fall, cheap money often flows into riskier assets.
2. 💵 **The dollar:** A stronger dollar often puts pressure on Bitcoin and gold. A weaker dollar often helps them.
3. 📉 **Stock market mood:** If stocks, especially tech and AI stocks, sell off, traders often cut risk across the board, including crypto.
4. 🏢 **Big institutions:** ETFs, funds and banks now hold crypto, so their decisions follow TradFi signals.
## 📰 What Is Happening Right Now?
Here is the live example from this week. 👇
The US jobs report for October, released on 6 November 2026, was much stronger than expected. Employers added about 165,000 jobs, well above economists' forecasts, and the unemployment rate dropped to 4.1%. Average hourly earnings rose 0.4%, above the 0.3% expected. 📊
Why does good news cause a market reaction? Because a strong job market can keep inflation pressure alive, and that makes the Fed less likely to cut rates and more willing to keep them high or even raise them. Reports said investors now see a possible quarter-point rate hike at the December meeting. 😬
The market reacted quickly: gold and Bitcoin fell, and the dollar jumped. 💵 The dollar also has extra support because of the recent AI stock selloff, which has pushed some investors toward safer assets. 🏃
More data is coming, too. US inflation figures are due soon, and some analysts think they could matter even more for the Fed than the jobs report. 🔔
## ⏳ Why Is the Market "Holding" Right Now?
When big news is coming, traders often stop taking large bets. 🛑 Right now the market is waiting for:
- 📅 **The Fed's December decision** and its new rate projections
- 🧾 **Inflation data** that will show if prices are cooling or heating up
- 💬 **Fed officials' speeches** that can change expectations in a day
Until these arrive, price moves can be choppy and small, with sudden spikes on headlines. 🎢
## 🛡️ What Should Beginners Do?
1. 📚 **Learn the calendar.** Jobs reports, inflation data and Fed meetings are the big dates.
2. 🧘 **Don't panic on one candle.** Data-driven drops can reverse when the next report changes expectations.
3. 💼 **Manage position size.** Keep trades small around major events.
4. 🚫 **Avoid heavy leverage.** Data surprises can liquidate leveraged traders in minutes.
5. 🔎 **Use reliable sources.** Check official releases and trusted news, not rumors.
## 🔮 The Big Picture
Crypto is growing up, and as it does, it becomes more connected to TradFi. 🌱 Understanding banks, the dollar, gold, stocks and the Fed is no longer optional for crypto traders. It is part of the basic toolkit. The good news is that the core ideas are simple, and once you learn them, headlines like "strong jobs data hits Bitcoin" will make perfect sense. 💪
## ✅ Conclusion
TradFi means traditional finance, and right now it is steering the crypto market. 🧭 A strong US jobs report has pushed the Fed's December decision into the spotlight, and traders are waiting for the next clues. Learn the basics, follow the key dates, and trade with a plan. 📈
⚠️ *This article is for education only and is not financial advice. Please do your own research.*
**:** #TradFiForBeginners 🏦 #CryptoEducation 📚 #FedDecision 🏛️ #Bitcoin 🪙 #USJobsData 📊
Sources:
- [Hot October Jobs Report Raises Odds of December Rate Hike (Morningstar)](https://www.morningstar.com/economy/hot-october-jobs-report-raises-odds-december-rate-hike)
- [October jobs report beats forecasts, lifting December Fed hike odds (InvestmentNews)](https://www.investmentnews.com/fixed-income/october-jobs-report-beats-forecasts-lifting-december-fed-hike-odds/268915)
- [Gold and Bitcoin fall after US jobs report (BeInCrypto)](https://beincrypto.com/gold-bitcoin-fall-us-jobs-report/)
- [Pound to dollar rate: US payrolls, Fed December hike (Pound Sterling Live)](https://www.poundsterlinglive.com/usd/23852-pound-to-dollar-rate-us-payrolls-fed-december-hike)
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #BinanceReopensWithdrawalsForHYPE&APT #SouthKoreaDraftLawTargets15To20%ShareholderCap