Bitcoin (BTC) Leads Market Uptick as SUI and HYPE Face Resistance Despite Temporary Gains

Bitcoin held steady near $109,688, marking a 2.15% daily gain. The price initially dropped to near $106,000 before rebounding sharply.

Crypto market activity kicked off the week with contrasting movements across major tokens. Bitcoin (BTC/USD) showed strong bullish momentum, closing above $109,000 after briefly dipping early in the day.

This show of strength from the market leader came while other tokens like SUI and Hyperliquid (HYPE) faced increased volatility and selling pressure. Separately, the $TRUMP token ignited a fresh wave of controversy, drawing attention not just for its price action but more so for the persistent ethical concerns surrounding its deep political associations.

Bitcoin Continues Uptrend Amid Market Optimism

Bitcoin held steady, gaining 2.15% to reach $109,688. The price touched lows of $106,000 early on before a strong rebound signaled buying pressure around the $106,800-$107,200 support zone.

A powerful rally followed, with Bitcoin testing the $110,000 level briefly before encountering resistance.

While BTC couldn’t break through $110K, its ability to consolidate above $109,000 suggests buyer confidence remains high. With a market cap of $2.17 trillion and solid trading volume at $46.4 billion, Bitcoin continues to lead the market. If bullish sentiment holds, the next challenge will be a sustained breakout above the key resistance zone.

SUI and HYPE Face Resistance Despite Temporary Gains

SUI eked out a modest daily gain of 0.83%, closing at $3.53. The price rose steadily through the day but faced resistance near the $3.65 level.

Sellers pushed back, causing a retracement into the $3.48-$3.50 support zone. This range remains critical for SUI’s short-term momentum.

On the other hand, Hyperliquid (HYPE) faced a tougher session, falling 1.42% to $37.51. The token saw strong early gains, taking it above $40. However, it suffered a sharp reversal.

Despite a recovery attempt, HYPE fell back into consolidation near its intraday low. Volume also spiked 20%, suggesting heavy selling. The $37.30-$37.50 level now acts as a key support to watch for HYPE.

$TRUMP Token Triggers New Ethics Storm Over Political Links

While market attention often centers on price action, the TRUMP token brings a different kind of spotlight. Trading at $12.64, the token is sparking discussion not about its chart but rather the ethical questions surrounding its deep political links.

With over 764,000 wallets posting losses and only a handful gaining millions, investors are asking deeper questions.

Critics argue the token represents a monetization of political access. As prices climb, so do concerns over transparency and the lack of regulation.

The optics of using a digital asset linked to political influence continue to spark debate. With support near $12.30 and resistance around $13.00, TRUMP’s next move may be as political as it is financial.