The total crypto market cap set a new ATH record of $3.6 trillion.
This pump was likely spurred by Bitcoin setting its first 6-digit ATH at $103,900.47.
SUI also set a new ATH alongside BTC price at $4, analyst expects greater pump to follow.
The crypto market sees a highly bullish pump today facilitated by Bitcoin, the pioneer crypto asset setting its first-ever 6-digit ATH at $103,900.47. This breakthrough has spurred altcoin across the board to follow BTC’s bullish lead. Another sweeping celebration for the crypto market is the fact that total crypto market cap has set its own new ATH as well.
Total Crypto Market Cap Sets New ATH at $3.6 Trillion
In detail, the total crypto market cap set a new ATH record of its own having broken a $3.6 trillion target. Indeed, this is highly bullish news for investors and traders holding crypto assets like Bitcoin and altcoins. Furthermore, the pump in total crypto market cap is bleeding into major capital flowing into altcoins in particular.
While Bitcoin (BTC) set its latest ATH today, several altcoins enjoyed this same pleasure as well. For instance, ONDO set a new ATH record yesterday just before BTC began to pump. Similarly, SUI also set a major ATH earlier today alongside BTC’s pump. According to CoinMarketCap analytics, SUI set an ATH of $4.
SUI Sets New ATH at $4 Eyes $5 Next
Presently, the price of SUI is at $3.87 and the asset is up by almost 100% in the last 30 days. It boasts a total market cap of $11,345,234,309.61 and a 24-hour trading volume of $2,582,698,105.41. Popular analyst CryptoBullet marks the 4-hour SUI chart and says that a larger breakout is brewing which will take SUI price to $5.
https://twitter.com/CryptoBullet1/status/1701234362912493985
As we can see from the post above, the same analyst believes that SUI will be one of the best performers in this ongoing crypto bull run. With its latest $4 ATH and its bullish indicators towards hitting $5 ATH next, the analyst marks the next cycle top targets for SUI price. The post highlights the analyst’s next top targets at $8.5 and $21.
The post SUI Sets New ATH at $4 as Total Crypto Market Cap Celebrates New ATH of $3.6 Trillion appeared first on Crypto News Land.
