Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values

The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.06% and trading for $9,578 per coin during the morning trading sessions. The market capitalization of the entire cryptocurrency ecosystem is around $270 billion while 24-hour trade volume for all 5,000+ coins is $22 billion.

Crypto Value’s Slide After Briefly Touching Heavy Resistance

Cryptocurrency prices were rather bullish on Saturday evening as BTC and a number of other coins like ETH, BCH, XRP, and LTC were up in value. Bitcoin (BTC) touched a high of over $9,700 on Saturday evening and the price got pushed back at that point. The following Monday, BTC is swapping for $9,578 per coin and the crypto has around $5.9 billion in global trades.

ETH is trading for $239 per coin and is up 0.58% at press time. The third-largest market cap held by XRP is seeing around $475 million…