Criptomercados retain profits yesterday, Bitcoin near resistance level $ 6 300
The crypto markets are seeing mixed signals today, June 1, after a significant growth yesterday, June 30. The leading cryptocurrency, Bitcoin (BTC), has a psychological price of $ 6 300 today, the lowest point of the price increase yesterday, which reached $ 6 450 .
Most of the ten main currencies by market capitalization They are in the red, but only show slight losses in the last 24 hours, less than 1 percent. Only three of the first ten are in green, showing more substantial gains between 3 and 5 percent in the last 24 hours at the close of this edition.
Visualization of the market by Coin360
Bitcoin is currently trading at $ 6,340, a decrease of 0.43 percent in the 24-hour period at the close of this edition.
Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index
The main alternative currency, Ethereum (ETH), down just 0.06 percent, mainly keeping yesterday's gains to trade around $ 451.
Ethereum price chart. Source: Cointelegraph Ethereum Price Index
The total market capitalization of all cryptocurrencies is currently at $ 256.6 billion at the close of this edition, about $ 3 billion less from yesterday's high at almost $ 260 billion. The total capitalization of the market rose by almost 9% from the market fall of last week on Sunday, June 24, when it reached a minimum of $ 235.3 billion.
Graph of the total market capitalization. Source: Coinmarketcap
Among the main winners, IOTA (MIOTA) is posting the highest amount of gains in the day, rising almost 7 percent to trade around $ 1.07. Cardano (ADA) is seeing the second highest growth, rising almost 5 percent and trading at $ 0.14. Stellar (XLM) follows closely, with an increase of 4 percent in the last 24 hours, currently trading at almost $ 0.20.
He upturn yesterday's market led Bitcoin to rise from a week of lows, the main currency fell by below $ 6,000 twice, the first twice that this threshold was lowered since October 2017.
On June 28, Robert Sluymer of Fundstrat Global Advisors predicted that Bitcoin needs to advance through the $ 6 300-6 400 resistance level to reverse its current bearish trend.