CandleFocus

SUI Explodes by 12% Daily, Bitcoin Stopped at $65K Again (Market Watch)

Bitcoin reached a monthly high of $64,800, but then retracted by around $1,000. Chainlink is the top performer among larger-cap altcoins, while SUI continues to surge. The primary cryptocurrency experienced volatility last week following the US Federal Reserve's decision to lower interest rates. Despite attempting to break through $65,000, bitcoin remains below $64,000. Its market capitalization is around $1.260 trillion, but its dominance over altcoins has decreased to 53.8%. Ethereum, Binance Coin, and Tron have retraced, while SOL, ADA, LINK, and SUI have seen minor gains. The total crypto market is worth approximately $2.350 trillion.

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