Crypto Market Falls as Jobs Report Lands and Major US Brokerage Adds Solana, Avalanche and Chainlink

Markets spent Monday working through a hot US jobs report and another round of losses, while Charles Schwab quietly gave its clients three more tokens to trade.

Bitcoin was trading near $75,000, close to the $74,780.91 intraday low it touched on 6 November, its weakest reading since 21 August. Ether sat near $2,100, down about 5% on the day, and XRP traded around $1.08 after falling about 12% over the week.

The day's most consequential business news was not a price move. On 9 November 2026, Schwab Crypto added Solana, Avalanche and Chainlink.

Key Facts

• October nonfarm payrolls rose by 165,000 and the unemployment rate was little changed at 4.1%, the US Bureau of Labor Statistics reported (bls.gov).
• Charles Schwab made Solana, Avalanche and Chainlink available through Schwab Crypto on 9 November 2026, joining Bitcoin and Ethereum (Schwab press release).
• Bitcoin touched $74,780.91 on 6 November, its weakest intraday level since 21 August.
• US spot Ether ETFs lost about $365 million in the week to 6 November, a sixth consecutive week of withdrawals.

Schwab Opens Solana, Avalanche and Chainlink to Its Clients

Schwab Crypto now lets eligible clients buy and sell solana (SOL), avalanche (AVAX) and chainlink (LINK). The three tokens join bitcoin and ethereum, taking the lineup to five assets. The company announced the change in its own press release on 9 November 2026.

The roll-out has been gradual rather than loud. Schwab Crypto began reaching clients in May 2026 and became available to all eligible retail clients in October. Pricing sits at 75 basis points on the dollar value of each trade, which Schwab describes as among the lowest in the industry.

One honest detail: "all eligible" still has edges. Schwab Crypto accounts are not available in New York or Louisiana, nor in any US territory or international jurisdiction. For a firm opening crypto to ordinary brokerage customers, that patchwork says as much about the state of US access as any campaign does.

A Strong Jobs Report Tightens the Mood

The Bureau of Labor Statistics reported that total nonfarm payroll employment rose by 165,000 in October, with the unemployment rate little changed at 4.1%. The gain came in stronger than economists had expected, and it landed on a market already uneasy about interest rates.

Bitcoin's Fall Came With $1.05 Billion in Liquidations

The slide was not gentle for leveraged traders. Across tracked markets, about $1.05 billion in positions were liquidated over 24 hours, 88.2% of that from longs, roughly $930 million, with nearly 211,000 traders hit.

Part of the pressure came from equities. The Nasdaq Composite fell 5.52% on 5 November, while the Philadelphia semiconductor index dropped about 12% as an AI-stock selloff spread.

The ETF market added its own weight. US spot Ether ETFs lost about $365 million in the week to 6 November, their sixth straight week of withdrawals, and BlackRock's iShares Bitcoin Trust shed about $1.21 billion over the same stretch.

The Levels and Flows to Watch

Ether ETF flows are the cleaner gauge: a seventh straight week of withdrawals would extend a run that has not broken since early October.

For Bitcoin, the level to watch is the 6 November low near $74,780. Holding above it keeps the recent range intact, while losing it would mark a further leg down.

For Schwab clients, the quieter test is whether the three new tokens become part of a routine or stay a novelty. That one will show up in usage rather than headlines, and it cannot be measured yet.