SUI Surges 5% on Triple Volume Breakout Amid Trade Talks Between U.S. and China

Global markets face uncertainty as U.S. and China engage in trade discussions in London, impacting investor behavior. The Sui blockchain's native token, SUI, surged 4.7% to establish crucial support at $3.24, driven by significant trading volume, indicating renewed bullish momentum. As investors explore alternative assets amidst traditional market instability, the CoinDesk 20 Index also saw a modest increase of 0.75%. This performance hints at potential further upside for SUI, making it a focal point for market participants. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk