Bitcoin Holds Above $90,000 Ahead of September Jobs Report and Fed Rate Decision

Bitcoin traded above $90,000 on November 18 after briefly touching $89,200, as markets await the delayed September employment report due November 20. The jobs data will shape Federal Reserve rate expectations for December, with current pricing showing roughly equal odds for a 25 basis point cut or a pause. On-chain metrics indicate miner net buying and short-term holder capitulation at $427 million daily, levels historically associated with market bottoms.