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SUI Jumps by 9% Daily, BTC Price Recovers $5K (Weekend Watch)
The cryptocurrency market has wrapped up the weekend on a relatively positive note. In our Weekend Watch series, we’ll be summarizing the key developments from the past few days and bringing you up to speed with the latest price movements. Today, we’re witnessing some extraordinary performances in the top 20 by market capitalization.
To kick things off, let’s discuss Bitcoin (BTC) first. After an intense trading session yesterday, BTC’s price recovered by $5,000, stabilizing at around $105,500. Despite the fluctuations, it’s worth noting that its dominance over other altcoins has remained steady at 61.5%.
Now, we’re now turning our attention to SUI, which has taken center stage with an astonishing daily jump of almost 9%! This impressive surge takes its price above the $3.25 mark. The majority of other altcoins have had their day in the sun as well, showcasing a collective gain on a daily scale.
On the other end of the spectrum lies HYPE, which has taken a hit with a 2% decline and currently trades below $34.
As for the broader market, we can observe that the total crypto market cap has increased by over $50 billion since yesterday’s low. As a result, it now sits at approximately $3.380 trillion on CG.
Before wrapping up this Weekend Watch, we’d like to highlight a few notable developments: (sponsored offer), and also remind you of our special offers from Binance ($600 exclusive welcome offer) and Bybit ($500 free position).
Source: cryptopotato.com
