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Cryptocurrencies Price Prediction: Sui, Bitcoin & Crypto – European Wrap 6 December

Cryptocurrencies Price Prediction: Sui, Bitcoin & Crypto – European Wrap 6 December
FXStreet TeamFXStreet TeamFXStreet

Sui surges to new all-time high amid Phantom wallet integration, strong on-chain metrics

Sui (SUI) extends its gains on Friday, reaching a new all-time high (ATH) of $4.49 and surging more than 23% so far this week. The main reason behind the rally is Thursday's announcement that Phantom Wallet will integrate with the Sui blockchain.

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Liquidations in Bitcoin, altcoins cooling off

The crypto market cap has shrunk to $3.6 trillion, down around 2% in the last 24 hours. The main volatility has been in Bitcoin, with Ethereum affected to a lesser extent and a barely noticeable ripple at the altcoin level. This is a strong signal of a short-term shakeout but not a change in sentiment.

South Korea crisis sparks crypto surge

South Korea’s brief martial law declaration caused market chaos, plunging stocks and sparking a record $34.2B crypto trading surge.

South Korea faced political turmoil last Tuesday when President Yoon Suk Yeol briefly declared martial law, sending shockwaves through the country. Although the decision was quickly reversed, it triggered widespread uncertainty, impacting both the stock and cryptocurrency markets.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Top 3 Price Prediction: BTC gains strength as ETH and XRP selling eases

Top 3 Price Prediction: BTC gains strength as ETH and XRP selling eases

Top three cryptocurrencies, Bitcoin, Ethereum, and Ripple, are holding steady on Wednesday after a bullish close the previous day. The mild recovery hints at an extended rally as the prevailing bearish pressure eases. Bitcoin trades at $82,930 on Wednesday, holding a bullish near-term bias following a mild rebound the previous day.

Ethereum staking hits record, but yield and fee revenue fall

Ethereum staking hits record, but yield and fee revenue fall

Ethereum staking reached a record 43.8 million ETH in Q3 2026 amid a decline in annualized staking yields, according to crypto asset manager Bitwise. In its Q4 staking report on Tuesday, Bitwise stated that staked Ether accounted for 35.9% of the asset’s total supply by the end of the quarter. Net staking inflows reached 1.99 million ETH, marking the sixth straight quarter of growth.

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin's correlation with the Nasdaq is rising again after last week's decline alongside tech stocks, even as macro pressures place the $82,500 support at risk. In a report on Tuesday, K33 Research highlighted that Bitcoin has resumed its correlation with the tech-heavy Nasdaq after last week's price movements.

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin's (BTC) correlation with the Nasdaq is rising again after last week's decline alongside tech stocks, even as macro pressures place the $82,500 support at risk. In a report on Tuesday, K33 Research highlighted that Bitcoin has resumed its correlation with the tech-heavy Nasdaq after last week's price movements.
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.