Crypto Markets Hold Yesterday's Gains, Bitcoin Near $6,300 Resistance Level

Crypto markets are seeing mixed signals today, June 1, after major growth yesterday, June 30.

Leading cryptocurrency Bitcoin is holding a psychological price point around $6,300 today, the low point of yesterday's price surge, which reached $6,450.

Most of the top ten coins by market cap are in the red, but showing only slight losses over the past 24 hours, down less than 1 percent.

Only three of the top ten are in the green, showing more substantial gains between 3 and 5 percent over the past 24 hours to press time.

Bitcoin is currently trading at $6,340, down 0.43 percent over the 24 hours period to press time.

Top altcoin Ethereum is down just 0.06 percent, mostly holding yesterday's gains to trade around $451.Ethereum price chart.

Among the top gainers, IOTA is seeing the most gains on the day, up almost 7 percent to trade around $1.07.

Stellar is close behind, with about 4 percent gains over the past 24 hours, currently trading at almost $0.20.

Yesterday's market rebound brought Bitcoin up from a week of lows, the top coin dipping below $6,000 mark twice, the first two times that threshold was broken since Oct. 2017.

On June 28, Robert Sluymer of Fundstrat Global Advisors predicted that Bitcoin needs to rally through the $6,300-6,400 resistance level to reverse its existing downtrend.