SUI Surges 8% as Bitcoin Rebounds from Dip Below $94K (Market Overview)

Bitcoin's price fell to $93,600 before regaining around $1,000 in recent trading. This follows a strong week where it broke free from a long-standing trading range between $93,000 and $95,000, even reaching over $98,000.

However, the digital currency lost value and fell back to $96,000 over the weekend. Despite this drop, it has recovered some ground and its market cap stands at $1.880 trillion. Meanwhile, SUI emerged as a top performer, with an increase of over 8%, trading near $3.5 after a minor pullback.

Other cryptocurrencies such as TAO, PEPE, ONDO, LTC, and XMR also saw gains, while the total crypto market cap dropped another $20 billion.