Briefs · Morning brief
Morning brief: Jobs print due; bitcoin slides overnight
The Bureau of Labor Statistics releases the October Employment Situation at 8:30 a.m. ET. Bitcoin traded at $76,038 at 6:28 a.m. ET, down 5.23% over 24 hours.
Morning brief: Jobs print due; bitcoin slides overnight
What matters today
- BLS jobs at 8:30 a.m. ET. The Bureau of Labor Statistics is scheduled to release the Employment Situation for October. As of about 6:28 a.m. ET the official release page still showed September. [1]
- TeraWulf reports before its 8:00 a.m. ET call. The company said it will issue third-quarter results prior to the call. [2]
- Fed Bowman at 12:15 p.m. ET. Vice Chair for Supervision Michelle W. Bowman is scheduled for a discussion titled "Supervision and Regulation" at the University of Mississippi Banking and Finance Symposium. [3]
- ECB speakers earlier this morning. Sharon Donnery was scheduled for a keynote at 4:10 a.m. ET and Philip R. Lane for a fireside chat at 4:30 a.m. ET in Frankfurt. No remarks were sourced for this brief. [11]
- Midterm results still await certification. Outcomes become official only when state authorities certify them. [10]
- Majors fell overnight. Bitcoin was down 5.23% over 24 hours to $76,038 at about 6:28 a.m. ET. [4]
- Look-ahead. MARA's third-quarter call is Monday at 5:00 p.m. ET; the Bank of Japan publishes its Summary of Opinions from the Oct. 29–30 meeting Monday at 6:50 p.m. ET (Tuesday morning in Tokyo); BLS Consumer Price Index is Tuesday at 8:30 a.m. ET. Devcon in Mumbai ends today. France's Senate opens debate on the 2027 budget bill Nov. 20. [2][5][6][11][12][14]
Overnight crypto
| Asset | Now (6:28 a.m. ET) | 24h change |
|---|---|---|
| Bitcoin (BTC) | $76,038 | −5.23% |
| Ether (ETH) | $2,237.59 | −7.47% |
| Solana (SOL) | $90.20 | −6.54% |
| BNB | $694.48 | −3.08% |
| XRP | $1.19 | −9.62% |
All five majors fell over the 24 hours to about 6:28 a.m. ET, according to CoinGecko. [4]
Bitcoin's share of total crypto market value stood at 59.93% as of 5:15 a.m. ET, and CoinMarketCap's Fear and Greed Index read 32 (Fear) at 5:08 a.m. ET. Data: CoinMarketCap. [7]
Figure 1. Movers, top 50 by market cap, excluding stablecoins, wrapped and staked tokens, tokenized gold, cash-like funds and meme coins, 24 hours to about 6:28 a.m. ET:
| Least down | 24h change | Decliners | 24h change |
|---|---|---|---|
| LEO Token (LEO) | −0.11% | XRP (XRP) | −9.69% |
| TRON (TRX) | −0.14% | Ethena (ENA) | −7.80% |
| Aave (AAVE) | −2.44% | Bitcoin Cash (BCH) | −7.47% |
| NEAR Protocol (NEAR) | −7.08% |
No catalyst is sourced for these moves. [4]
Liquidations
Crypto short liquidations totaled $97.0 million and long liquidations $680.5 million over the 24 hours to 6:28 a.m. ET. Non-crypto perpetual futures on stocks, ETFs, indexes and energy added at least $44.8 million in shorts and $382.3 million in longs; that figure is a floor, from CoinMarketCap's top-250 list only. Data: CoinMarketCap. [8]
Figure 2. Largest crypto liquidations, 24 hours to 6:28 a.m. ET (24h price change in parentheses):
| Coin | Shorts | Longs |
|---|---|---|
| Bitcoin (−5.2%) | $33.9M | $281.1M |
| Ether (−7.5%) | $30.9M | $167.6M |
| Solana (−6.7%) | $3.6M | $39.2M |
| XRP (−9.7%) | $0.7M | $21.8M |
| Hyperliquid (−4.7%) | $0.4M | $21.2M |
Data: CoinMarketCap. Price changes are CoinMarketCap quotes and differ slightly from the CoinGecko figures above.
What printed
01 · BLS Employment Situation is due this morning. The November schedule and BLS ICS list the October Employment Situation for today at 8:30 a.m. ET. As of about 6:28 a.m. ET the release page still showed September 2026. [1]
02 · TeraWulf's third-quarter call is at 8:00 a.m. ET. The IR notice says the company will host the call and webcast today and will issue results prior to the call. [2]
03 · Thailand's SEC filed a criminal complaint against Bitget; access block from Dec. 5. News No. 241/2026 (Nov. 5) says the SEC filed with the Economic Crime Suppression Division against BG Limited, provider of bitget.com, for operating a digital-asset exchange without a license. A criminal complaint is not a conviction. The SEC notified the Ministry of Digital Economy and Society to block www.bitget.com, other Bitget domains and its application from Dec. 5, 2026. [9]
04 · Midterm results still await certification. Outcomes become official only when state authorities certify them. [10]
On the calendar
| Time (ET) | Event |
|---|---|
| 4:10 / 4:30 a.m. | ECB: Donnery keynote; Lane fireside (Frankfurt; already occurred) |
| 8:00 a.m. | TeraWulf (WULF) third-quarter call |
| 8:30 a.m. | BLS Employment Situation, October 2026 |
| 12:15 p.m. | Fed Vice Chair for Supervision Michelle W. Bowman |
| Today | Devcon (Ethereum), Mumbai — last day |
| Mon 5:00 p.m. | MARA Holdings third-quarter call |
| Mon | Treasury auctions 3-year note; 6-, 13- and 26-week bills |
| Mon 6:50 p.m. | Bank of Japan Summary of Opinions (Oct. 29–30 meeting; Tuesday morning in Tokyo) |
| Tue 8:30 a.m. | BLS Consumer Price Index (and Real Earnings) |
| Tue | Treasury auctions 10-year note; announces 4-, 8- and 17-week bills |
| Wed Nov. 11 | Veterans Day (Fed holiday) |
| Thu Nov. 12 | Treasury auctions 30-year bond; 4-, 8- and 17-week bills |
| Nov. 20–Dec. 9 | France's Senate first reading of the 2027 budget bill |
| Date unconfirmed | Zcash NU7 activation height not yet set |
Sources: [1]–[3], [5], [6], [11]–[14].
The tell (Le Coin's view)
In Le Coin's view, the morning's dated items are still pending on the page: the jobs print has not yet posted, and TeraWulf's results sit ahead of the 8:00 a.m. ET call. Overnight, the majors fell while the largest crypto liquidations sat on long bitcoin and ether positions.
Sources (14)
- U.S. Bureau of Labor Statistics, https://www.bls.gov/schedule/news_release/bls.ics , https://www.bls.gov/schedule/2026/11_sched.htm and https://www.bls.gov/schedule/news_release/empsit.htm , accessed Nov. 6, 2026, about 6:28 a.m. ET.
- TeraWulf call notice, https://investors.terawulf.com/news-events/press-releases/detail/147/terawulf-schedules-conference-call-for-third-quarter-2026-financial-results ; MARA call notice, https://ir.mara.com/news-events/press-releases/detail/1428/mara-schedules-third-quarter-2026-earnings-release-and-conference-call ; accessed Nov. 6, 2026, about 6:28 a.m. ET.
- Federal Reserve calendar, https://www.federalreserve.gov/json/calendar.json , accessed Nov. 6, 2026, about 6:28 a.m. ET.
- Prices: Powered by CoinGecko API (https://www.coingecko.com/en/api). Majors BTC/ETH/SOL from /simple/price (last updated about 6:27:57–6:28:17 a.m. ET); BNB/XRP and movers from /coins/markets; accessed Nov. 6, 2026, 6:28:35 a.m. ET.
- Devcon, https://devcon.org/en/ , accessed Nov. 6, 2026, about 6:28–6:30 a.m. ET.
- U.S. Bureau of Labor Statistics CPI schedule, https://www.bls.gov/schedule/news_release/cpi.htm , accessed Nov. 6, 2026, about 6:28 a.m. ET.
- Prices and market data: CoinMarketCap, https://coinmarketcap.com , accessed Nov. 6, 2026, 5:18 a.m. ET. Bitcoin dominance 5:15 a.m. ET and Fear and Greed Index 5:08 a.m. ET.
- CoinMarketCap liquidations, 24 hours to 6:28 a.m. ET Nov. 6, 2026, https://coinmarketcap.com , accessed Nov. 6, 2026, 6:28 a.m. ET.
- Thailand Securities and Exchange Commission, News No. 241/2026, https://www.sec.or.th/EN/Pages/News_Detail.aspx?Lang=EN&NewsNo=241&NewsYear=2026&SECID=13530 , accessed Nov. 5, 2026, about 12:06 p.m. ET.
- USA.gov election results, https://www.usa.gov/election-results , accessed Nov. 6, 2026, about 6:28–6:30 a.m. ET.
- U.S. Treasury tentative auction schedule, https://home.treasury.gov/system/files/221/Tentative-Auction-Schedule.pdf ; ECB weekly schedule, https://www.ecb.europa.eu/press/calendars/weekly/html/index.en.html ; accessed Nov. 6, 2026, about 6:28 a.m. ET.
- Bank of Japan MPM schedule, https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm , accessed Nov. 6, 2026, about 6:28–6:30 a.m. ET.
- Zcash NU7, https://z.cash/upgrade/nu7/ , accessed Nov. 6, 2026, about 6:28–6:30 a.m. ET.
- Sénat budget calendar, https://www.senat.fr/ordre-du-jour/files/Calendrier_budgetaire_2027.pdf ; accessed 10:25 a.m. ET Nov. 4 (carried).
Holding the Corner.
Not financial advice.