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Impact of NFP on Crypto Markets
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#BTCSUI Sui Network (SUI) Defies Market Slump, Surges 10%, What’s Next? Coinspeaker Sui Network (SUI) Defies Market Slump, Surges 10%, What’s Next? SUI SUI $5.06 24h volatility: 9.7% Market cap: $15.28 B Vol. 24h: $2.24 B , the native cryptocurrency of the Sui blockchain, has defied broader market trends by surging over 11% in the past 24 hours, trading at $5.11. This comes during a sluggish week for the crypto market, with Bitcoin BTC $94 948 24h volatility: 1.8% Market cap: $1.88 T Vol. 24h: $62.14 B down 7% from its weekly high of $102,000, currently trading at $94,900. This surge coincides with prominent investor Ali Martinez explaining that the token’s decisive breakout above or below the narrow range between $4.86 and $4.61 could trigger a significant 10% price shift. The rise in SUI’s value is attributed to Sui Network’s milestone achievement of reaching $2 billion in Total Value Locked (TVL) earlier this week. As per the data by DeFiLlama, the network currently boasts a $2.02 billion TVL and $750 million in open interest. This suggests growing investor confidence in the Layer 1 blockchain, which offers stablecoin yields up to 50% higher than competitors like Solana. In the past year, SUI has demonstrated an impressive growth trajectory, surging 520%, with a 35% increase in the last month alone. In 2024, it secured several big partnerships with financial giants like Grayscale, VanEck, and Franklin Templeton.
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#BTC 🚀🎁🔥🎁🚀🎁🚀🎁🔥🚀🚀🚀💥💥 0THE BTC SHOCKER: Whales, Panic, and a $100K Comeback?!💸🚀 🚨 BRACE YOURSELF FOR THE PUMP!!! 🚀💥 Alright, folks, let’s cut to the chase. Here’s what’s cooking: 📉 The FED drops a bombshell—rate cuts will be smaller than expected. Boom! Market panic erupts, triggering a massive sell-off. But wait, there’s more! 📊 Job openings data hits—and guess what? Another sell-off! Why? Because the market acted like it was hearing this for the very first time! Seriously? Same excuse, served twice? 😑 But here’s where it gets spicier: old news resurfaces like a bad sequel. Remember the Supreme Court’s decision to approve a BTC sale back in October? Yeah, that’s ancient history. Yet somehow, it’s being spun into today’s “breaking news,” spreading fear like wildfire. 🔥 For reference, here’s the OG source: “Peter Schiff Warns $4B Bitcoin Liquidation in the US”
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