Best performing cryptocurrencies of the week

According to CryptoPotato, the past week has been favorable for the cryptocurrency market, with the total market capitalization growing to $2.55 trillion, adding up to more than $150 billion. This growth is attributed to the impressive results of several cryptocurrencies, including Bitcoin.

Bitcoin saw a significant recovery, rising 11% in the last seven days. Despite not having the best performance, Bitcoin's price movement has been notable since July 14. The price attempted to reach the $68,000 level but faced resistance and is currently trading below $67,000. This performance has positively influenced the broader crypto market sentiment, which has moved into a state of greed with a score of 74, compared to a state of fear with a score of 33 last week.

Among the best performing cryptocurrencies, meme coins have dominated the top spots. POPCAT, a cat-themed meme coin, led the pack with a 60% surge over the past week. Closely followed by dogwifhat (WIF) with an increase of 53%, PEPE with 33.6% and FLOKI with 33.4%. Other notable performers include Arweave (AR) and Core (CORE), which saw increases of 40% and 37%, respectively. Furthermore, cryptocurrencies such as INJ, BONK, JUP, RUNE, TAO, and Mantra's OM recorded gains of around 30%.

However, not all cryptocurrencies experienced gains. UNI, AAVE, TRX, TON, ADA and EGLD were the only altcoins in the red, with UNI being the worst performer, down 5%. Despite these few exceptions, the overall market trend has been positive, with most cryptocurrencies posting increases over the week.$WIF $BONK $FLOKI