#US October non-farm payrolls 165,000 exceed expectations, BTC ETF weekly outflow of $1.28 billion

About US October non-farm payrolls 165,000 exceed expectations, BTC ETF weekly outflow of $1.28 billion

The US added 165,000 non-farm jobs in October, far exceeding the expected 65,000, with unemployment rate falling and wages rising. The bet on a rate hike in December has quickly intensified, with US Treasury yields and the dollar strengthening. Meanwhile, the US spot Bitcoin ETF saw a net outflow of $1.28 billion last week, the worst single week since June, and turned to a net outflow year-to-date in 2026. It is reported that BlackRock's IBIT accounted for 98% of Friday's outflows. The community is divided: one side believes that tightening macro liquidity combined with institutional redemptions will continue to suppress BTC and ETH; the other side notes that after the non-farm announcement, gold and BTC only briefly dipped before rebounding, suggesting the market is pricing in factors other than the rate hike itself.