Bitcoin News Today: Bitcoin Rebounds Over $3,000, SUI Surges 10% as Crypto Market Cap Gains $70B on ETF Speculation

Bitcoin's price rebounded over $3,000 in late July 2025 amid renewed institutional interest, while SUI, the native token of the Sui blockchain, surged 10% to $4 during the same period. The cryptocurrency market capitalization rose by $70 billion from previous week lows, driven by heightened speculation around U.S. Securities and Exchange Commission (SEC) approval of spot Ethereum ETFs and broader investor optimism. Institutional inflows into major cryptocurrencies, including Bitcoin (BTC) and SUI, accelerated weekend trading activity, with SUI’s gains attributed to increased adoption on the Sui blockchain and speculative demand [1].

Bitcoin’s recovery followed a sharp selloff linked to Galaxy Digital’s asset liquidations, which triggered market jitters earlier in the week. By the weekend, BTC traded above $117,000, reflecting a stabilization in investor sentiment. The bounce coincided with a broader reallocation of capital toward altcoins, as Ethereum (ETH) outperformed Bitcoin for much of the bull cycle. ETH’s price relative to BTC climbed to 0.031, the highest since January 24, 2025, supported by metrics such as the ETH/BTC MVRV ratio entering “extremely undervalued” territory in April and rising spot trading volumes. Last week, ETH’s spot trading volume reached $25.7 billion, surpassing BTC’s $24.4 billion for the first time since June 2024 [4].

The surge in SUI underscored growing institutional participation in blockchain infrastructure projects. Mysten Labs, the developer of the Sui blockchain, noted that increased activity on the network contributed to the token’s performance. Evan Cheng, CEO of Mysten Labs, stated, “The strong performance of SUI reflects renewed interest in blockchain infrastructure amid rising institutional participation” [1]. Analysts linked SUI’s gains to favorable technical indicators and ETF-related speculation, with institutional investors expanding positions in anticipation of favorable regulatory developments.

Historical patterns suggest similar price recoveries can lead to sustained market rallies. Past ETF approvals have been followed by prolonged optimism and all-time highs for Bitcoin. If regulatory hurdles are cleared, analysts predict sustained growth in liquidity and valuation for major cryptocurrencies [6]. However, Bitcoin’s recent consolidation near $120,000 highlights ongoing macroeconomic uncertainties, with the asset facing renewed resistance. Meanwhile, altcoins like SUI and Ethereum continue to capture speculative flows, mirroring trends observed during prior altcoin seasons.

The market’s shift toward altcoins aligns with broader capital reallocation dynamics. U.S. spot Ethereum ETFs have attracted faster inflows than their Bitcoin counterparts, with the ETH/BTC ETF holding ratio rising from 0.05 to 0.12. Reduced bearish pressure on Ethereum, indicated by historically low ETH/BTC exchange inflow ratios, further supports the asset’s outperformance [6]. Investors are now closely monitoring Ethereum’s momentum and the sustainability of altcoin inflows as key indicators of the market’s trajectory.

Source:

[1] [Bitcoin Recovers $3K, SUI Surges 10% Amid $70B Market Cap Gain](https://www.kucoin.com/news/flash/bitcoin-recovers-3k-sui-surges-10-amid-70b-market-cap-gain)

[2] [Bitcoin Price Recovers $3K, SUI Rockets 10% to $4](https://cryptoadventure.com/bitcoin-price-recovers-3k-sui-rockets-10-to-4-weekend-watch/)

[3] [Bitcoin News Today: Bitcoin Bounces 2.2% from 2-Week Low After Galaxy Digital Sell-Offs](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-bounces-2-2-2-week-galaxy-digital-sell-offs-sui-rockets-10-4-2507/)

[4] [Bitcoin Takes a Backseat as Investors Rotate Capital to ETH and Altcoins](https://cryptopotato.com/bitcoin-takes-a-backseat-as-investors-rotate-capital-to-eth-and-altcoins-cryptoquant/)

[5] [Bitcoin Rebounds $3K as Crypto Market Cap Gains $70B](https://phemex.com/news/article/bitcoin-rebounds-3k-as-crypto-market-cap-gains-70b_13768)

[6] [Bitcoin Recovers $3K, SUI Rockets 10% to $4: Weekend Watch](https://www.xt.com/en/blog/community-news/2025-07-26T10:20:00.000Z)