Bitcoin (BTC) rebounded from below $69,000 on November 1. The US nonfarm payrolls report sent a volatile note on the dollar as it added 12,000 jobs, lower than expected.

- September and August revisions were reduced by 31,000 and 81,000 jobs, respectively.

- The unemployment rate remained at 4.1%, in line with expectations.

- Kobeissi Letter predicted that the Fed could cut interest rates by 0.25% at its November 7 meeting, citing a weak labor market.

The US Dollar Index (DXY) fell to 103.6 after the report. Bitcoin rose 1.6% to surpass $71,000 after a volatile close in October.