The cryptocurrency market staged a mild recovery last week. Despite Bitcoin (BTC) facing initial setbacks at the start of the week, it eventually recovered some lost ground, granting strength to the rest of the market.
Some altcoins recorded impressive and more robust recoveries. This resulted in the global cryptocurrency market recouping $70 billion, eventually ending the week at $2.21 trillion total market cap.
Here are our top picks for cryptocurrencies to watch this week on the back of their impressive performances in the previous week:
XLM reclaims $0.1 in 12% gain
Stellar (XLM) was also a victim of the July 7 bloodbath, but it limited its drop to a 7.40% loss. The asset then gradually recovered this loss in the five days that followed, witnessing mild gains by July 12.
Interestingly, XLM’s bullish momentum gained steam on July 13, as it followed its competitor…
