Bitcoin surged past $110K after soft U.S. inflation data, but gains were short-lived.
Trump’s tariff comments added volatility ahead of next week’s Federal Reserve meeting.
Analyst predicts SUI and SOL could rally, backed by ETF filing and strong on-chain growth.
U.S. inflation data released on Wednesday showed a 2.4% rise in May, slightly below the expected 2.5%. Bitcoin briefly surged to $110,300 after the report was out, but quickly pulled back. The market also reacted to comments from US President Donald Trump about progress in trade talks with China and the possibility of new tariffs. Despite the swings, the crypto market stayed largely stable, with investors now waiting for next week’s Federal Reserve meeting.
Amid US inflation data and Trump’s tariff remarks, one analyst listed two altcoins set to rally. These tokens have solid fundamentals and with ETF progress, they could stay unaffected by market noise in the coming months.
Altcoin 1: SUI
According to the analyst, SUI is quietly getting ready for a rally. 21Shares has filed for a SUI Spot ETF, and the SEC is now reviewing it. The Sui network is growing fast, with over $100 billion in …
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