Altcoins to suffer as Bitcoin price rally pushes BTC dominance close to 30-month high Bitcoin price rise is a positive development for the crypto mark
et as it induces bullishness among investors. But at the same time, it impacts the altcoins' growth as BTC takes over the market evinced by its dominance, which is the situation at the moment. SUI token hits all-time low after facing market manipulation claims The native token of the Sui blockchain, SUI, touched an all-time low of $0.367 on Wednesday before some recovery.
The fall came after fresh allegations of market manipulation surfaced amid a South Korean investigation, accusations that were later denied by the Sui Foundation. Europe faces regulatory challenges in the crypto world The crypto world is a fast-growing and dynamic sector that offers opportunities for innovation and financial inclusion but also poses challenges for regulation and supervision.
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