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This week's trio of top cryptocurrencies are worth watching in the coming days.

Since last week, Bitcoin has been trying to recover after dipping to $58,562. Although it nearly reached $63,976 on July 1, increased selling pressure and continued selling of Bitcoin by the German government forced its price back down to $60,490, reflecting a 3.6% drop.

The cryptocurrency market has seen a significant downturn, with the total market capitalization dropping from $2.49 trillion to $2.21 trillion over the past month. Over the week, Bitcoin (BTC) fell 4.6% to $60,844.77, while Ethereum (ETH) dropped by 7.19% to $2,903.84.

Analyst Jesse Eckel has outlined that his top altcoins are poised to surge by 10x or more in 2024. These picks span various sectors, from crypto AI to gaming to DeFi, offering diverse opportunities.

Frax Finance, a decentralized finance (DeFi) protocol, recently unveiled its Singularity Roadmap. It aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026.

Frax sets sights on $100 billion in TVL by 2026 and plans 23 new Layer 3 solutions and new asset launches.

In the past week, bitcoin has risen over 10% and ethereum has seen a growth of more than 7%. Meanwhile, several cryptocurrency assets have posted significant double-digit increases. Notably, beam (BEAM) experienced a surge of over 49%, and kaspa (KAS) enjoyed a 37% uptick in its value within the same timeframe.

Here is how some of your favorite assets concluded the week.

Despite the ongoing correction in the crypto market, opportunities abound for investors. In the spotlight this week is Bitcoin, but the world of altcoins is equally brimming with potential.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $46,000 level on Friday. Ethereum (CRYPTO: ETH), however, moved higher, trading above the key $2,600 mark this morning.

Cryptocurrency analyst Miles Deutscher has provided insights into potential altcoin opportunities as the crypto market experiences a sharp correction and many altcoins consolidate after recent gains. Deutscher's analysis focuses on several altcoins that he believes could be poised for significant upside movement.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the $42,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning.

Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S.

With Treasury notes hitting levels not seen since 2007, DeFi protocols tapping the real-world asset trend are on the rise.

In a recent statement, cryptocurrency analyst Miles Deutscher unveiled his weekly watchlist, shedding light on his insights into the market's trends.

Frax Share (FXS) is a cryptocurrency built on BTC standards and adheres to ERC-20 token standards, featuring 18 decimal points on the blockchain platform.

The Convex Finance community has initiated a critical proposal for the adjustment of the FXS Protocol fee structure, with voting now underway.

In a recent turnaround, the cryptocurrency market has witnessed a remarkable resurgence, with both the overall crypto market cap (TOTALCAP) and the pioneer cryptocurrency, Bitcoin (BTC), showing signs of recovery. As investors eagerly observe these developments, one altcoin, Frax Share (FXS), has taken the lead in exhibiting a bullish trend.

Although the majority of the cryptocurrency market has been flashing red in the past few days, some cryptocurrencies have managed to fight through the prevailing bearish sentiment and stand out with their remarkable performance during this time frame.

It has gained significant attention due to its fractional-algorithmic model. The FXS price has increased by 6.66% in the last seven days

BeInCrypto looks at five altcoins that increased the most in this week's crypto market, specifically from June 30 to July 7.

Ouyi OKX, a leading cryptocurrency exchange, has exciting news for crypto enthusiasts. Coincu News

Energizing Frax Founder Endorses $20 Million FXS Token Buyback Strategy For Success

If accepted, the proposal will see Frax buying back even more Frax Share tokens if the FXS price drops below certain levels.