Skip to navigationSkip to main contentSkip to right columnEmma Newbery, The Motley FoolThu, July 2, 2026 at 11:47 PM GMT+2 3 min readAs of early evening on July 2, Bitcoin (CRYPTO:BTC) rose 2.0% to $61,297.68, Ethereum (CRYPTO:ETH) rose 5.0% to $1,696.07, and Solana (CRYPTO:SOL) rose 4.6% to $80.71.What's driving crypto marketsYesterday's comments from Federal Reserve Chair Kevin Warsh continued to buoy crypto markets today, as traders hoped easing inflation pressures might reduce the likelihood of rate hikes later this year. Bitcoin held above $61,000, giving holders hope that July might bring further recovery from June's 21-month lows. Separately, Glassnode said long-term Bitcoin holders returned to net accumulation.Crypto ETF snapshotMoney continued to move out of spot Bitcoin ETFs yesterday, with $296 million in total outflows. The iShares Bitcoin Trust lost almost $220 million in assets, while the Grayscale Bitcoin Mini Trust saw inflows of $36 million, perhaps due to its lower management fee. Inflows into spot Ethereum ETFs turned positive yesterday, after the iShares Ethereum Trust ETF attracted $23,290 in inflows.What this means for investorsCryptocurrency prices diverged from tech stocks today, as lead cryptos gained while the Nasdaq fell. However, Bitcoin remains in fragile territory, and investors are watching inflation and jobs data for hints about what the Fed might do next. Rate hikes tend to pressure riskier assets like crypto.Solana, which has gained 20% in the past week, pushed higher after launching a new on-chain governance mechanism. The innovation-focused blockchain has recently attracted attention with several real-world projects, such as tokenized stocks and an on-chain prediction market. Today's markets are focused on utility rather than speculation, making Solana an attractive long-term proposition.Top 10 crypto performance#NamePrice24h7d1Bitcoin (BTC)$61,430.00+2.7%+3.7%2Ethereum (ETH)$1,699.86+5.6%+9.1%3Tether (USDT)$0.9990+0.0%+0.1%4BNB (BNB)$558.19+1.5%+0.9%5USDC (USDC)$0.9998+0.0%+0.0%6XRP (XRP)$1.08+2.6%+5.1%7Solana (SOL)$80.70+5.3%+22.5%8TRON (TRX)$0.3175+0.2%-2.0%9Figure Heloc (FIGR_HELOC)$1.03+1.7%+0.5%10Hyperliquid (HYPE)$66.39+6.0%+5.6%Ranked by market cap. Data: CoinGecko, as of July 02, 2026 20:17 UTC.Should you buy stock in Bitcoin right now?Before you buy stock in Bitcoin, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info