
{"id":64194,"date":"2025-05-05T09:46:03","date_gmt":"2025-05-05T09:46:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64194"},"modified":"2025-05-05T09:46:03","modified_gmt":"2025-05-05T09:46:03","slug":"sui-shoots-up-by-8-btc-price-recovers-from-sub-94k-dip-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64194","title":{"rendered":"SUI Shoots Up by 8%, BTC Price Recovers From Sub-$94K Dip (Market Watch)"},"content":{"rendered":"<p>Bitcoin\u2019s price actions took another turn for the worse over the past several hours as the asset dropped to $93,600 before it managed to recover about a grand.<\/p>\n<p>Most altcoins followed suit with similar price moves, while SUI has emerged as today\u2019s top performer.<\/p>\n<h2>BTC Recovers From Dip to Multi-Day Lows<\/h2>\n<p>The primary cryptocurrency had a strong week last time around as its price finally managed to break out of its prolonged trading range, in which it stood mostly between $93,000 and $95,000. The surge past the latter came on Thursday after another successful retest of the lower boundary.<\/p>\n<p>The bulls drove bitcoin to a new local peak of over $97,000 on Thursday and $98,000 on Friday morning. Naturally, all eyes <a href=\"https:\/\/cryptopotato.com\/bitcoin-targets-100k-ripple-sees-setbacks-on-stablecoin-etf-fronts-your-weekly-crypto-recap\/\">turned<\/a> to the<a href=\"https:\/\/cryptopotato.com\/4-good-signs-for-bitcoin-prices-in-may-with-100k-back-in-view\/\"> coveted $100,000<\/a> milestone.<\/p>\n<p>However, there was no such challenge as the bears stepped up. Instead of heading toward a six-digit territory, the cryptocurrency <a href=\"https:\/\/cryptopotato.com\/btcs-price-was-stopped-at-98k-but-dominance-over-alts-continues-to-rise-weekend-watch\/\">reversed course<\/a> and started losing value gradually. It slipped back to $96,000 on Saturday and Sunday but the Monday morning Asian trading session brought some more pain as BTC dropped to a May low of $93,600.<\/p>\n<p>Nevertheless, it has managed to recover some ground and now trades about a grand higher. Its market cap has dropped to $1.880 trillion on CG, while its dominance over the alts is down by 0.2% to 61.5%.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/BTCUSD-4.png\"><\/a>BTCUSD. Source: TradingView<\/p>\n<h2>SUI on a Roll<\/h2>\n<p>The biggest gainer from the larger-cap alts today is SUI. The asset has risen by over 8% and now trades close to $3.5 after a minor retracement in the past few days. On a monthly scale, though, SUI is up by over 50%.<\/p>\n<p>TAO has jumped by 6% daily and trades above $365, while PEPE, ONDO, LTC, and XMR have gained somewhere around 3-4%.<\/p>\n<p>ETH, XRP, BNB, SOL, DOGE, LINK, and TRX are also in the green, albeit in a more modest fashion, while ADA, LEO, AVAX, and TON have charted minor losses.<\/p>\n<p>The total crypto market cap has shed another $20 billion daily and is below $3.060 trillion now.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-05-124321.png\"><\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/sui-shoots-up-by-8-btc-price-recovers-from-sub-94k-dip-market-watch\/\">SUI Shoots Up by 8%, BTC Price Recovers From Sub-$94K Dip (Market Watch)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price actions took another turn for the worse over the past several hours as the asset dropped to $93,600 before it managed to recover about a grand. Most altcoins followed suit with similar price moves, while SUI has emerged as today\u2019s top performer. BTC Recovers From Dip to Multi-Day Lows The primary cryptocurrency had [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":64195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64194"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64194"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/64195"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}