Digital Assets Watch: Bitcoin jumps above $63,000, reversing end-June losses

According to recent market coverage, morning hours Saturday, up 1.4% over 24 hours and 3.6% on the week, per CoinDesk data, its highest in two weeks and a full reversal of the losses that closed out June.

XRP led the day's majors, up 5.3% to $1.18 and nearly 10% on the week, a move that lifted it past the USDC stablecoin to fifth place by trading market value at about $73 billion.

The gain came alongside onchain data showing XRP holders at their deepest average losses on record - the kind of washed-out positioning some traders buy against.

Ether added 3.2% on the day to about $1,793, up 11.5% over seven days, while dogecoin rose 2.6% and solana held near $82.50 with a 13.2% weekly gain.

The surge extended a week built on a friendlier macro turn.

Fed Chair Kevin Warsh's comment that inflation risks have come down, a soft June jobs report and a squeeze on bearish traders carried bitcoin from below $60,000 to above $63,000 in five sessions.

Trading was thin on Saturday with U.S.

Markets shut for the Independence Day holiday, the kind of liquidity that exaggerates moves in both directions.