#bitcoin #Binance

The prices of digital currencies witnessed a collective decline in the crypto market during today’s trading, Sunday, June 9, 2024, including Bitcoin.

However, the beginning of the week saw a significant rise in the value of the digital currency as Bitcoin briefly crossed the $70,000 mark, continuing to rise to reach $72,000 on Friday, hitting its highest level in several weeks.

But once again, Bitcoin encountered resistance at the $72,000 level and fell to multi-day lows at $68,500, before settling back above $69,000 on Sunday, reflecting a 2.7% decline on the day.

In the same period, altcoins saw a steeper decline compared to Bitcoin, with the value of Ethereum falling by 3.5% to below $3,700.

The price of the BNB coin also fell from more than $710 to less than $690, while the SOL coin recorded a loss of approximately 6%.