Today marks a significant development in the cryptocurrency market
as the price of ETH surpasses the $4,400 threshold. Meanwhile, Robinhood is preparing to list one of the altcoins that has recently garnered attention from traders. Interestingly, an announcement regarding the listing was initially shared and then quickly deleted, suggesting that an official confirmation might be imminent.
Developments Surrounding SUI Coin
A post titled “Robinhood to List SUI Coin” appeared on the official blog section of SUI Coin’s website. This post was promptly removed, likely due to it being accidentally published early. Although no official announcement has been made, it’s anticipated that the relevant page will soon be available to the public.
Market Impact and Forecasts
Following the inadvertent publication, the price of SUI Coin nearly reached the $3.8 mark. The $4 level is critical on the SUI Coin chart for further upward movement. Should an official announcement confirm the listing and this level be surpassed, a rally extending to $4.9 may occur. Meanwhile, ETH currently holds at $4,414, and conditions are favorable for a surge in altcoins.
Bitcoin
{$118,868} is consolidating near the $120,000 mark while the Chinese government has instructed firms to avoid using Nvidia H20 chips. This recent development presents a downside for the SPX, especially after yesterday’s news regarding Nvidia’s tariff exemption, which had triggered a price increase. Contrary to fears, U.S. markets have opened positively and appear poised for further gains. The market trend will be clarified within a few minutes.