All of the top ten coins by market cap are showing minor losses today, June 8, within a range of 1 to 4 percent over the 24 hour period to press time, as per information from coinmarketcap.

Bitcoin has seen a loss of just under one percent over the 24 hour period, failing to secure a higher price point at $7,600 after it closed at $7,694 yesterday, June 7. A slight upward trend in the morning that was seen for BTC trading as high as $7,870, before falling back to its current level.

 As of press time, CoinMarketCap data indicates BTC trading volumes of 4.38 bln, down from 7.22 bln one month ago.

Top altcoin Ethereum (ETH) has fallen 1 percent over the 24 hour period, trading around $600.59 to press time. The coin is only barely keeping above the psychological price point of $600, but has nonetheless recovered from its dip to $567 one week ago.

Yesterday, Robert Sluymer from Fundstrat Global Advisors told CNBC that despite the gloomy market picture, he believes there are “some very important levels coming up for Bitcoin literally in the next couple of days.” He stressed that Bitcoin’s longer term price trend is still “technically up” with $9,500 as its critical level, and that he believes it will soon “challenge its downtrend” if it just gets through the $7,800 level.

Source:

https://cointelegraph.com/news/crypto-markets-remain-sluggish-while-staving-dramatic-losses