Bitcoin News Today: Bitcoin Surges 2.6% to $117,000, SUI Gains 10% on ETF Hopes and Institutional Inflows

Bitcoin and SUI experienced significant price rebounds over the weekend of July 25–26, 2025, with Bitcoin surging over $3,000 from recent lows and SUI rising approximately 10%. The movements were driven by increased institutional inflows and elevated trading volumes across global exchanges, signaling renewed investor confidence in the crypto market [1]. Bitcoin’s recovery pushed its price above $117,000 by July 24, reversing earlier losses linked to large BTC transfers and reduced selling pressure from major players like Galaxy [6]. SUI, meanwhile, reversed an 8% overnight decline, climbing from $3.52 to $3.78 within five hours on July 24 and nearing $4.00 amid anticipation for a potential spot ETF approval [2].

The SUI token’s sharp increase was bolstered by technical and regulatory catalysts. A crypto ETF tied to SUI advanced closer to reality as the U.S. Securities and Exchange Commission signaled approval, fueling speculation of a $6.00 price target [3]. On-chain metrics confirmed sustained buying activity near $3.65, propelling SUI toward $3.85 with strong volume support [5]. Traders also highlighted SUI’s breakout from a triangle pattern on July 15, with analysts forecasting a $7–$9 range if support at $3.45 holds [4].

Bitcoin’s rebound reflected broader market resilience amid macroeconomic uncertainties. While the total crypto market cap had dipped to $3.72 trillion on July 14 due to speculative unwinding and profit-taking, the asset stabilized in the $114,000–$120,000 range by late July 24 [6]. Analysts attributed Bitcoin’s recovery to reduced selling pressure and institutional demand, with SUI’s gains linked to ETF-related optimism and positioning for regulatory developments [7].

Market participants remain cautious, however, as historical patterns suggest potential volatility following sharp rebounds. Altcoins like SUI, SEI, BLUR, APT, and STRK collectively lost over 18% in the preceding week due to leveraged positions and profit-taking, highlighting risks of further corrections [2]. For SUI, maintaining momentum above $3.45 will be critical to achieving longer-term targets, while Bitcoin’s ability to hold gains above $117,000 could signal a broader recovery.

Sources:

[1] [Bitcoin Rebounds After Galaxy Completes Sale of $9B BTC](https://www.coindesk.com/markets/2025/07/25/bitcoin-rebounds-after-galaxy-completes-sale-of-usd9b-btc-from-satoshi-era-whale)

[2] [Bitcoin News Today: Five Altcoins Plunge Over 18%](https://www.ainvest.com/news/bitcoin-news-today-altcoins-plunge-18-leverage-speculative-unwinding-drive-market-downturn-2507/)

[3] [SUI Token Jumps as SEC Pushes Spot ETF Closer to Reality](https://thecurrencyanalytics.com/altcoins/sui-token-jumps-as-sec-pushes-spot-etf-closer-to-reality-187108)

[4] [SUI Coin Price May Hit $9 If This Happens](https://www.thecoinrepublic.com/2025/07/25/sui-coin-price-may-hit-9-if-this-happens/)

[5] [$SUI Smashed it.... Easy Money ... Still Bullish for $4.0+](https://www.binance.com/en/square/post/27435336615817)

[6] [Bitcoin and The Crypto Market Plummets: What's Going On?](https://crypto-economy.com/bitcoin-and-the-crypto-market-plummets-whats-going-on/)

[7] [SUI Rebounds After Overnight Sell-Off Amid ETF Momentum](https://www.coindesk.com/markets/2025/07/24/sui-rebounds-after-overnight-sell-off-amid-etf-momentum)