Bitcoin (BTC) Price Grapples with $28K as Ether (ETH) Price Bounces; Avalanche (AVAX), Solana (SOL) Leads Crypto Rebound

The largest cryptocurrency by market capitalization slid nearly 2% to below $27,300 on news that the U.S. economy added 336,000 jobs in September, almost doubling economist expectations. The losses were short-lived, however, with bitcoin quickly rebounding to just above $28,000.