The price of SUI rose by more than 8%, at a time when Bitcoin experienced a partial recovery after dropping below $94,000.
The price of Bitcoin has declined in recent hours to its lowest levels since early May, recording $93,600, before rising again by about a thousand dollars.
This decline came after a week in which the main digital currency experienced a noticeable rise, as the price managed to break through a narrow trading range that lasted for a long time between $93,000 and $95,000.
The prevailing optimism in the market pushed the price towards partial peaks of $97,000 on Thursday and $98,000 on Friday morning, raising expectations of approaching the $100,000 barrier.
However, those expectations quickly retreated with the return of negative momentum, as the price gradually fell to $96,000 over the weekend, then to its lowest levels in the morning session today, Monday.
Despite this, the digital currency saw a limited recovery, as it is currently trading near the level of $94,600.
The total market capitalization of Bitcoin declined to $1.880 trillion, while its market dominance decreased by 0.2% to settle at 61.5%.
In terms of alternative currencies, the SUI token distinguished itself by achieving the highest daily gains among assets with large market capitalizations, as its price rose to about $3.5 after a brief correction wave.
Over the past thirty days, the currency recorded gains exceeding 50%.
The TAO token recorded a daily increase of 6% to exceed the price of $365, while PEPE, ONDO, LTC, and XMR rose by rates ranging from 3% to 4%.
Both ETH, XRP, BNB, SOL, DOGE, LINK, and TRX recorded small gains, while the prices of ADA, LEO, AVAX, and TON fell slightly.
The total market capitalization of cryptocurrencies reached about $3.03 trillion, after an estimated daily loss of $20 billion.
