Bitcoin surpassed $89,000 and spearheaded a broad market recovery, while XRP and SUI led gains among altcoins. The rebound was marked by institutional flows and adoption news, but traders and analysts point to a technical and psychological resistance near $100,000 as a key wall for the next leg.
Bitcoin’s advance was backed by macro signals and rising institutional activity, not just price momentum. According to the CME FedWatch Tool, the probability of rate cuts in December reached 85%, a development that contributed to improving risk appetite across risk assets.
Institutional participation intensified as volume in CME cryptocurrency futures reached a record of 795,000 contracts, adding buying pressure and volatility alike. Unconfirmed reports recorded brief episodes in which Bitcoin exceeded six figures and reached $112,000 before correcting, underscoring the strength of intraday momentum and the market’s sensitivity to profit-taking.
Traders cited by specialized media warn that a sustained break above $100,000 will require overcoming concentrated sell orders and navigating the possible selling pressure from institutional year-end closures. This assessment frames the $100,000 area as a pivotal test for trend continuation.
XRP and SUI: flows, adoption and risk points
XRP attracted capital despite net outflows from the broader crypto ecosystem: while global cryptocurrency funds recorded outflows of $1.94B, XRP captured $89M of inflows, according to data released by Yahoo Finance. That flow is interpreted as additional institutional validation, driven in part by expectations around ETFs linked to XRP presented by institutional managers.
SUI staged a notable rebound after losing more than 70% from its annual peak, rallying more than 10% as a sign of market recovery and of its ecosystem. Its dynamism responds to integrations and growth programs: launches of Bitcoin-backed assets like tBTC on the Sui chain, brand partnership initiatives and project accelerators. tBTC is a tokenized version of Bitcoin that allows using BTC liquidity in DeFi environments.
Activity on Sui included security incidents —an exploit on a DEX and wallet scams—, with the network foundation intervening for reimbursements, which some participants interpret as a commitment to user protection. However, the token unlock schedule —a distribution of 265 million SUI planned for early 2026— represents a supply risk that could pressure prices if not managed with transparency.
The market is undergoing a recalibration phase in which favorable macro signals, capital inflows into select assets and development activity on networks like Sui combine to sustain the rebound. The unlock of 265 million SUI tokens in early 2026 stands out as the next verifiable milestone whose execution and market absorption will help gauge the resilience of the rally.
