Crypto Market Holds Steady as Traders Digest Delayed US Jobs Report

Why It Matters

The stagnant crypto prices amid heightened fear and massive liquidations underscore market fragility, while the mixed U.S. jobs data could influence monetary policy expectations that directly affect crypto valuations and investor sentiment.

Summary

Crypto markets remained largely flat on Tuesday, with Bitcoin hovering around $91,000—a 0.5% dip in 24 hours and an 11% decline for the week—while Ethereum slipped 1.4% to just above $3,000. The Crypto Fear and Greed Index stayed in extreme‑fear territory for a fifth consecutive day, and Glassnode warned that Bitcoin has not yet entered a true bear market, though a break below key on‑chain price models could signal a deeper downtrend. Liquidations surged to $659.4 million, led by long positions, and spot Bitcoin ETFs recorded $75.47 million of net inflows, whereas spot Ethereum ETFs saw $37.35 million of net outflows. Meanwhile, a delayed U.S. jobs report showed September non‑farm payrolls rising 119,000, well above expectations, but the unemployment rate climbed to 4.4%, adding macro uncertainty to the crypto landscape.