#BTCvsMarkets #MarketRebound $BTC
Bitcoin prices have risen above $93,000, reflecting a significant sense of optimism among traders regarding short-term gains. QCP Capital reported in a recent analysis that buying call options at the $95,000 level, which expire at the end of April or May, dominates the markets, indicating expectations for Bitcoin to record further increases in the coming weeks.
In the same context, the SUI token from the Sui network witnessed a remarkable increase of over 62% last week, bringing the total value locked (TVL) on the network to over $1.6 billion. This increase is attributed to the success of the Sui network in attracting investments, especially after the announcement by xPortal, a subsidiary of the ecosystem, about the launch of a new payment card on the Mastercard network.
As for other major cryptocurrencies, some digital currencies recorded stability, with XRP and BNB Chain remaining unchanged, while both Dogecoin and Cardano saw a significant increase of over 4%.