Technology stocks in the U.S. have brought positive momentum to Bitcoin following its recent correction. SUI leads the altcoin market with an 18% price surge.

The total crypto market capitalization surpassed the $2 trillion resistance, showing resilience. Bitcoin (BTC) recovered 4% after reacting to the U.S. CPI report, rising from $55,500 to over $58,000, hitting a weekly high.

Bitcoin’s rise coincided with gains in U.S. technology stocks and the Asian equity market, as Nvidia soared 8.2%, and Microsoft, Google, and Apple saw up to 2.13% increases. Despite this, Bitcoin ETFs in the U.S. faced $44 million in outflows on September 11.

Analysts predict a possible bullish rally for Bitcoin, with Michaël van de Poppe targeting $62,000 if the breakout above $58,000 holds. BeInCrypto points to $59,000 as a key resistance level for further gains.

Meanwhile, Sui (SUI) surged 18% in 24 hours, nearing its all-time high. The rise is likely linked to Grayscale’s new Sui Trust, which values each token at 90 cents.