Crypto Markets See Mix of Red and Green, Top 10 Coins in Slight Decline

Saturday, June 16: after a slight rebound Thursday, crypto markets are experiencing a similarly slight decline, with all of the top ten coins by market cap down by one to three percent in 24 hours to press time.

Bitcoin is down about half a percent over the 24 hour period, trading at $6,530 at press time.

The cryptocurrency has seen significant fluctuation this week, coming down from $7,623 June 10 to as low as $6,267 on June 13.

Ethereum is down by a similar margin, with a decline of under one percent over the past 24 hours.

The leading altcoin is trading around the $500 threshold at press time.

Crypto markets have lost around $63 billion in total this week.

EOS is one of the more affected coins among the top ten: shedding about 3 percent in 24 hours to press time, it's currently trading at $10.72.

While the top ten coins are experiencing some downward pressure, there is a number of altcoins that are moving in the opposite direction.

Ethereum Classic has grown by 4 percent in 24 hours to press time, trading at around $14.50.Basic Attention Token is up 2.8 percent, currently at $0.26.

On June 15, Fundstrat's head of research Thomas Lee linked the recent decline in Bitcoin with the expiration of Bitcoin futures.