SUI Records New All-Time High, Bitcoin Drops $2K After Most Recent Peak (Market Watch)

After a rise that saw the price of bitcoin reach a new all-time high of $106,500 over the weekend, it has subsequently fallen by about two grand.

With the exception of LINK, SUI, and AAVE, which have all seen remarkable growth, the majority of altcoins are a little slow on a daily basis.Bitcoin's Most Recent High

The cryptocurrency went on the attack and surged to around $100,000 by Thursday following the two price declines at the beginning of the previous work week, which both drove BTC south to $94,400.
The asset soared over that level of uncertainty on Friday and hasn't really looked back since. After several attempted breakthrough efforts, it managed to rise above it during the early Monday Asian trading session after lingering around $102,000 over the weekend.

The increasing number of whale wallets and some of Donald Trump's encouraging remarks may have contributed to Bitcoin's explosive rise to a new all-time high of $106,500 (on Bitstamp). However, since then, it has lost some of its appeal and is currently trading at about two grand lower.

On CoinGecko, its market capitalisation has reached $2.070 trillion, and it holds an almost 54% lead over the other cryptocurrencies.SUI Reaches a New Peak

Over the previous day, the majority of larger-cap alts have reported either negligible gains or losses. While XRP, SOL, BNB, DOGE, ADA, TRX, and AVAX have all dropped by roughly 1% to 2%, ETH is marginally up, trading above $3,900.

In contrast, LINK and AAVE have risen 4% and 5%, respectively, to become some of the best performers. SUI is now above $4.7 and has increased by more than 6%. Additionally, according to CoinGecko data, it reached a new all-time high just hours ago at more than $4.9.

Since yesterday, the overall value of the cryptocurrency market has increased by about $80 billion, reaching $3.850 trillion on CG.

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