Bitcoin was quoted at 74,971.62 USDT, down 1.09% over 24 hours, in the market roundup published by TechFlow on November 9, 2026. The quote was recorded around 09:22–09:23 Beijing time that day, rather than representing a live price.
The report highlighted stronger-than-expected U.S. employment data, rising Treasury yields and a stronger dollar as the broader market backdrop. Separately, it cited Glassnode’s assessment that the market still lacked sufficient new capital.
Employment data complicates the rate outlook
According to the report, U.S. nonfarm payrolls increased by 165,000 in October, unemployment stood at 4.1%, and average hourly earnings rose 0.4% month over month. Combined employment figures for August and September were revised upward by 84,000.
The source interpreted those figures as reducing concerns about a rapid economic slowdown while weakening the case for monetary easing. It reported that the dollar and Treasury yields rose after the payroll release.
The roundup identified the following evening’s U.S. CPI release as the next test of inflation and interest-rate expectations. This was a forward-looking assessment at the time of publication, not a report of the inflation outcome. The source did not establish that the employment release alone caused Bitcoin’s decline.
Strategy’s average cost is a reference, not guaranteed support
The report cited Strategy’s November 2 disclosure of 849,327 BTC, with an average acquisition cost of $75,451 per bitcoin. Using the contemporaneous dollar-denominated Bitcoin price, it calculated that Bitcoin was approximately 0.66% below that average cost.
That comparison should remain distinct from the USDT-denominated market quote above. The source also cautioned that an institution’s average acquisition cost does not establish new buying demand or guarantee price support.
The roundup did not provide a verified, current aggregate acquisition cost for U.S. spot Bitcoin ETFs. It also omitted liquidation-zone estimates because it could not verify updated data.
Fresh demand remains the key qualification
The report cited Glassnode’s November 4 weekly report, which said the market still lacked sufficient new capital. The ETF-flow data underlying that historical observation ran only through November 2; it was not a real-time assessment of November 9 flows.
The source’s conditional interpretation was that a recovery around $75,000 would need sustained buying interest. Its emphasis was on whether a rebound attracted additional spot demand, rather than treating a price rise or Strategy’s cost basis as sufficient evidence of durable support.
Original source: TechFlow market roundup, published November 9, 2026, at 10:19:14 Beijing time (UTC+8). All market observations above retain that historical reporting context.
