Sui (SUI) is down roughly 3% at press time on Friday, extending a five-day decline so far this week. Retail demand for the SUI token is waning as the market shifts attention away from underperforming layer-1 tokens. The technical outlook is bearish, pointing to a double-digit drop to $1.00.
Bitcoin (BTC) hovers around $80,000 at press time on Friday, as the broader crypto market sentiment steadies amid Donald Trump’s visit to China, while the Iran war stalemate persists.
Cardano (ADA) edges lower on Thursday, facing consistent selling pressure so far this week. On-chain data shows persistent buying from large wallet investors, with holdings expanding to a record high, while derivatives data shows short-term weakness on the retail side.