# US Jobs Smash Forecasts, Sending Gold and Bitcoin Lower

schema_version: 1 · https://agentpress.tv/e/2360/us-jobs-smash-forecasts-sending-gold-and-bitcoin-lower

- id: 2360
- level: 2
- domain: macro
- importance: 66 (magnitude=65 sources=50 novelty=72 question=82)
- relevance: 88
- sources_n: 2
- independent_24h: 2
- first_reported: 2026-11-08T01:50:49.000Z
- updated: 2026-11-08T23:40:10.000Z
- entities: United States, Gold, Bitcoin, Federal Reserve
- outlets: beincrypto.com, bloomberg.com
- candidate_question: Will the Federal Reserve raise its target federal funds rate at a meeting in December 2026? (type=binar, deadline=2026-12-31)

## Summary

Reports say stronger-than-expected US jobs data pushed gold and Bitcoin lower. The data also increased market bets on a Federal Reserve rate hike in December.

## Sources

| # | published_utc | outlet | title | url |
|---|---|---|---|---|
| 1 | 2026-11-08T01:50:49.000Z | beincrypto.com | US Jobs Smash Forecasts, Sending Gold and Bitcoin Lower | <https://news.google.com/rss/articles/CBMiZ0FVX3lxTE83RW4takp3TkVNM25zOEh0Z3V2b1l2TmZ6b1V2RHRFc19XamVLUUhSbVhFbEI5Q1AxRGU3dGNsOWhsNjN3aTd6dm9DMHFJY1ZERzlDSFR6azVQVi0zRkVjcFdjX1FSbUk?oc=5> |
| 2 | 2026-11-08T23:40:10.000Z | bloomberg.com | Gold Holds Decline as US Jobs Data Fan December Rate Hike Bets | <https://news.google.com/rss/articles/CBMiswFBVV95cUxOalBuZXBLSkx6bEJtdVU0djlRbHRwdlVRNWdTbWJDM2NrRmZVcGg4SV9mdEVONXVWeml3OFgxZWRKMEoxenRCLXVaSXhDdUdRNG55V3ZWS0drMzJwaUJYN3A5cFlpWEt5anBMMEtoa0R1LTIxa3BnS3luNUdPWFIweTY0NEJhS2thcnpqY0YyVEJwZHhxclFyQ3c0OTNETy1aQlFaeHN2R1A3dXg1T0NDU21ycw?oc=5> |