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Sui Price Rises 6% Amid Bitwise ETF Application and Market Recovery

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SUI
$1.4760.12%
Sui price climbed 6% on Friday, tracking a rebound in the cryptocurrency market. Bitwise filed an ETF application for SUI with the SEC on Thursday. Retail buying picked up as the fear and greed index showed improved risk appetite. Futures open interest hit $669.47 million, up 3% in 24 hours. Funding rate at 0.0030% suggests bullish positioning. SUI rebounded from $1.30, with RSI and MACD hinting at further gains.
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