Cryptocurrency markets posted positive performance during the week ending 2 July, with leading digital assets spearheading a wave of relative recovery driven by growing optimism over easing inflationary pressures and progress in talks between the United States and Iran.
Against that backdrop, digital assets managed to overcome some of the previous selling pressure, closing the week with varied gains that restored investor confidence in short-term market stability.
At the top of the rankings, Bitcoin maintained its dominant position after its price rose to $62,452, compared with its previous level of $59,889 at the end of last week, representing an increase of 4.28%.
Ethereum followed with a positive performance supported by a return of positive inflows into its investment funds, climbing from the previous week's level of $1,572 to a current price of $1,746, a growth rate of 11.07%.
Solana emerged as one of the most active assets this week, with its price jumping to $81.85 after standing at $73.26 previously, recording a positive change of 11.73%.
In the smaller altcoin market, Dogecoin posted a relative gain, rising from its previous level of $0.075 to a current price of $0.0767, an increase of 2.27%.
Finally, XRP showed a tangible positive move by the end of the week, with its current price rising to $1.13 compared with its previous level of $1.05, bringing its change to 7.62%.