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.

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.

Frax Finance, the cryptocurrency ecosystem behind one of the most important decentralized stablecoins, FRAX, shared the details of its second-layer solution project. It will merge the benefits of Optimistic Rollups and Zero-Knowledge Proofs (ZKPs), two mainstream technologies for Ethereum (ETH) scaling.

The market today sees Conflux (CFX), Kava (KAVA), Render Token (RNDR), NEO, Immutable X (IMX), and Synthetix (SNX) steering through the tumultuous tides as the top gainers, while Leo Token (LEO), Injective Protocol (INJ), Rocket Pool (RPL), Pax Gold (PAXG), USD Digital (USDD), and Frax Share (FXS) are charting through choppy waters as they face market declines.

In the ever-volatile cryptocurrency market, Lido (LDO), The Graph (GRT), Frax Share (FXS), Injective Protocol (INJ), Conflux (CFX), and Litecoin (LTC) have emerged as today's top gainers. Conversely, Rocket Pool (RPL), XinFin (XDC), Klaytn (KLAY), SUI.IO (SUI), Bitcoin Cash (BCH), and Elrond (EGLD) have experienced losses.

Today's cryptocurrency market showcases PEPEcoin (PEPE), Rocket Pool (RPL), Bitcoin SV (BSV), LEO, Lido (LDO), and Frax Share (FXS) as the top gainers, while WOO Network (WOO), Nexo, Klaytn (KLAY), Curve DAO Token (CRV), Internet Computer (ICP), and Chainlink (LINK) have faced losses.

Today's cryptocurrency market showcases PEPEcoin (PEPE), Lido (LDO), Kava (KAVA), Optimism (OP), Frax Share (FXS), and Luna Classic (LUNC) as the top gainers, while Toncoin (TON), XinFin (XDC), PancakeSwap (CAKE), BitTorrent (BTT), and Flare (FLR) have faced losses.

Today's cryptocurrency market showcases Stellar (XLM), XinFin Network (XDC), Dai (DAI), and Binance USD (BUSD) as the top gainers, while Pepe Coin (PEPE), Lido DAO Token (LDO), Injective Protocol (INJ), Optimism (OP), Sui (SUI), Frax Share (FXS), and Synthetix (SNX) have faced losses.

Today's cryptocurrency market reveals Maker (MKR), Frax Share (FXS), Rocket Pool (RPL), Chiliz (CHZ), and Unus Sed Leo (LEO) as the top gainers. Conversely, Render Token (RNDR), Internet Computer (ICP), Elrond (EGLD), Huobi Token (HT), Hedera Hashgraph (HBAR), and XinFin Network (XDC) emerge as the top losers.

In today's volatile crypto market, certain projects have made significant gains while others have experienced substantial losses. The day's top gainers include ICP, APT, Cake, DYX, SOL, and LUNA, while the top losers are FXS, INJ, IMX, TON, WOO, and ARB.

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Woo Network, Quant, Zilliqa, Casper, and Monero have emerged as the top gainers of the day, while Arbitrum, FXS, LEO, BSV, LINK, and OKB are the top losers.

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Frax Share, Conflux, 1INCH, LEO, and BSV have emerged as the top gainers of the day, while SNX, CSPR, RPL, RNDR, and BitTorrent are the top losers.

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Zilliqa, ICP, Synthetix, Casper, and Rocket Pool have emerged as the top gainers of the day, while Injective, RNDR, Frax Share, Arbitrum, and Woo Network are the top losers.

These five altcoins had a negative performance even though the crypto market was bullish.

A widely followed crypto strategist believes that four altcoins running on the Ethereum (ETH) network could outperform the broader crypto markets in the next leg up. Psuedonymous analyst Altcoin Sherpa tells his 194,500 Twitter followers that he has his radar locked on cross-chain bridge protocol Stargate Finance (STG).

These are the five altcoins that had the most positive performance from the crypto market last week.

Liquid staking is the best-performing crypto sector in the last 24 hours after rallying by more than 15%, according to CryptoSlate data.

Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices surging past the key $28,000 level on Wednesday. Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,800 mark this morning.

Cryptocurrency price prediction today Mar 11th: the recent bloodbath in the crypto market triggered by the Silicon Valley Bank crisis has also affected some of the top stablecoins such as USDC, DAI, and USDD. These stablecoins experienced heavy depegging from the $1 value puts an additional strain on the crypto investors.

The crypto market has been seeing a slowdown since bitcoin's rejection at $24,000 and its subsequent decline below $23,000. However, there are some cryptocurrencies that have still found a way to register upward momentum even at a time when the broader digital asset market seems to be turning bullish.

Not everyone makes money in crypto market! Brutal yet true!

Frax Finance, a stablecoin issuer, has been experiencing massive growth owing to its lending and liquid staking business.

These are the five altcoins that increased the most during bullish week

Scammers decided to explore hype over Frax Finance's reserve token FXS that surprisingly rallied in recent weeks

In the last seven days, the Ethereum-based project Frax Finance is the second biggest winner within the top 100 cryptocurrencies by market cap. With a price increase of 64%, the FXS token is only behind Decentraland (MANA), which has surged 76% within the same period.

The cryptocurrency market has witnessed a 1% rise in value in the past 24 hours, with its total cap reaching $1.02 trillion after a very strong weekend. This figure represents a 17% rise in a week and a 21% gain in a month, as improved US inflation data and other welcome macroeconomic indicators suggest the beginning of the end for 2022's global downturn.