Cryptocurrencies Price Prediction: Sui, Crypto & Bitcoin – European Wrap 1 July
|Sui’s $120 million linear token unlock risks 15% decline as market sentiment slows
Sui (SUI) continues to extend its losses from June, trading at around $2.71 on Tuesday. The high-performance layer-1 blockchain token has experienced a 15.5% decline over the last 30 days, reflecting subdued market sentiment amid geopolitical tensions and macroeconomic uncertainty.
Crypto Today: Bitcoin, Ethereum, XRP edge slightly lower amid low retail interest
Bitcoin (BTC) edges down for a second consecutive day, with the price dancing between the round-figure support at $100,000 and resistance slightly below all-time highs of $111,980. Interest in Bitcoin has continued to drop, signaling a lack of confidence particularly among retail investors.
Bitcoin price declines to one-week low following Trump's 68% tax warning
Bitcoin fell for a second straight day on Tuesday, as President Trump’s tax warning spooked investors.
The warning comes as Trump’s “big beautiful bill” faces a vote in the US Senate, with failure to pass this proposal potentially leading to tax hikes.
According to the US Commander-in-Chief, “The failure to pass means a whopping 68% Tax increase, the largest in history!!!”
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