Why did the price of bitcoin increase? BTC Surpasses $27K as Investors Skim Down Hot Jobs Data

Almost without exception, other major cryptos spent the day in positive territory with ADA and SOL, the tokens of the Cardano and Solana smart contract platforms, recently surging over 4% and 3.5%, respectively. Meanwhile, smaller DeFi-focused protocols had big gains over the past seven days, according to the CoinDesk Market Index, a measure of the overall performance of crypto markets, along with Lido (LDO), Synapse (SYN), and PancakeSwap (KAKE). , climbing 15%, 13% and 12%, respectively. The CMI was recently up 1.6%.