Crypto Markets See Bullish Signals as Bitcoin Holds Near $78,736

Bitcoin held near $78,736 over the past day, still up 13% for the week. This comes as CryptoQuant flagged bull signals, a move that suggests investors may be growing more bullish on the asset.

Ethereum also made gains, rising to $2,495 and increasing by 10.1% in the last seven days. Other notable performers included Solana, which climbed to $101.18 and recorded an 18.6% weekly increase, and XRP, which jumped 26.4% for the week but dropped 2.6% over the past day.

The total crypto market capitalization stood at $2.75 trillion, roughly flat over the past day. However, smaller-cap tokens saw significant gains, with PolySwarm's NCT token surging by 248.4% after being listed on Upbit's KRW market.

Nvidia's impressive Q2 revenue of $96.2 billion also contributed to the broader tech strength that has supported crypto prices. The strong numbers from Nvidia more than doubled year-over-year growth, a development that may have further solidified investor confidence in the asset class.