Why is the crypto market up today? By Cointelegraph

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The crypto market is up today with slight gains of over 1% in the past 24 hours as investors assess the latest United States’ jobs report.

On July 7, the crypto market’s net worth rose nearly 1.5% to $1.14 trillion after falling for three days in a row. That includes a rebound across the market’s top-ranking assets, with (BTC) and Ether (ETH) gaining a modest 1.8% and 1.75%. Meanwhile, (SOL) was one of the best performers jumping 8.5%.

Crypto total market cap daily chart. Source: TradingView
DXY vs. crypto market cap trend comparison on hourly chart. Source: TradingView
Crypto total market cap daily chart. Source: TradingView
Crypto total market cap weekly chart. Source: TradingView
Crypto total market cap weekly chart. Source: TradingView