According to crypto.news, Bitcoin's price has dropped below $80,000 following the release of US jobless claims data, which indicated a 57-year low in layoffs. This stronger-than-expected data raises concerns about the Federal Reserve's upcoming interest rate decisions. The market reaction reflects uncertainty regarding monetary policy in light of robust employment figures, which could influence inflation and interest rates.
Based on the crypto.news report; not independently verified.
Source published: Thu, 05 Nov 2026 14:35:56 +0000
[Read the original report](https://crypto.news/bitcoin-price-falls-below-80000-as-us-jobless-claims-hit-57-year-low/)
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