{"id":6296,"date":"2026-02-03T13:25:37","date_gmt":"2026-02-03T13:25:37","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6296"},"modified":"2026-02-03T13:25:37","modified_gmt":"2026-02-03T13:25:37","slug":"sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6296","title":{"rendered":"SUI slides amid crypto selloff as HashKey Exchange confirms new listing"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/sui-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/sui-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/sui-price-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/sui-price-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/sui-price.png\" alt=\"SUI Price Tumbles\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>SUI slid below $1.10 amid a broad crypto selloff, tracking weakness in bitcoin and major altcoins.<\/li>\n<li>Hong Kong\u2019s HashKey Exchange will list SUI\/USD for professional investors from Feb. 4.<\/li>\n<li>A potential bullish reversal could see Sui price target $1.20-$1.34.<\/li>\n<\/ul>\n<p data-start=\"0\" data-end=\"191\">HashKey Exchange, Hong Kong\u2019s largest licensed cryptocurrency platform, is set to list Sui, a development that comes as the token struggles amid a sharp downturn across digital asset markets.<\/p>\n<p data-start=\"193\" data-end=\"580\">Sui\u2019s native token, SUI, has come under heavy selling pressure in recent sessions, sliding below $1.10 as the broader crypto market sold off aggressively.<\/p>\n<p data-start=\"193\" data-end=\"580\">The decline coincided with Bitcoin trading around the $78,000 level, triggering losses across major and mid-cap tokens.<\/p>\n<p data-start=\"193\" data-end=\"580\">SUI, now ranked outside the top 20 cryptocurrencies by market value, was trading around $1.13 as of Feb. 3, 2026.<\/p>\n<h2>Why did SUI plummet?<\/h2>\n<p data-start=\"616\" data-end=\"883\">SUI\u2019s pullback has largely tracked the wider risk-off move in crypto markets.<\/p>\n<p data-start=\"616\" data-end=\"883\">The token is down about 12% over the past week, reflecting volatility seen across high-beta digital assets.<\/p>\n<p data-start=\"616\" data-end=\"883\">Solana, for example, dropped to a 10-month low below $100 during the same period.<\/p>\n<p data-start=\"885\" data-end=\"1222\">The selloff has been driven by a combination of macroeconomic uncertainty and profit-taking following earlier rallies.<\/p>\n<p data-start=\"885\" data-end=\"1222\">These pressures persisted despite US President Donald Trump nominating crypto-friendly Kevin Warsh as his pick for the next Federal Reserve chair, a move that had initially been viewed as supportive for digital assets.<\/p>\n<p data-start=\"885\" data-end=\"1222\">However, with SUI hovering around $1.13 as of February 3, 2026, bulls are likely to get a major boost from news of a fresh listing on Hong Kong\u2019s largest crypto platform HashKey Exchange.<\/p>\n<h2 data-start=\"1224\" data-end=\"1267\">HashKey Exchange to add SUI\/USD trading<\/h2>\n<p data-start=\"1269\" data-end=\"1451\">Sentiment around SUI may find near-term support from a new exchange listing.<\/p>\n<p data-start=\"1269\" data-end=\"1451\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">HashKey Exchange<\/span><\/span> announced on Feb. 3 that it will list the SUI\/USD trading pair.<\/p>\n<p data-start=\"1453\" data-end=\"1678\">According to the exchange, over-the-counter trading in SUI\/USD will open at 16:00 Hong Kong time on Feb. 4, 2026.<\/p>\n<p data-start=\"1453\" data-end=\"1678\">Deposits and withdrawals for SUI are already live, allowing qualified participants to prepare ahead of trading.<\/p>\n<p data-start=\"1680\" data-end=\"1989\">Access to the product will be limited to professional investors, in line with Hong Kong\u2019s regulatory framework.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce3 New Listing: SUI is coming to HashKey Exchange! <a href=\"https:\/\/twitter.com\/SuiNetwork?ref_src=twsrc%5Etfw\">@SuiNetwork<\/a><\/p>\n<p>\u2705 Deposits &amp; Withdrawals: Open<br \/>\u2705 Trading Pair (Spot) : SUI\/USD<br \/>\u2705 Listing Time: 16:00 (UTC +8), Feb 4<\/p>\n<p>\ud83d\udc64 Available to: Professional Investors<\/p>\n<p>\ud83c\udfaf First 1000 to complete these tasks share 20 HKD! (1000*20) <br \/>\u2705\u2026 <a href=\"https:\/\/t.co\/cWF7ubxrks\">pic.twitter.com\/cWF7ubxrks<\/a><\/p>\n<p>\u2014 HashKey Exchange (@HashKeyExchange) <a href=\"https:\/\/twitter.com\/HashKeyExchange\/status\/2018595356918141285?ref_src=twsrc%5Etfw\">February 3, 2026<\/a><\/p>\n<\/blockquote>\n<p data-start=\"1680\" data-end=\"1989\">HashKey Exchange operates under the city\u2019s Virtual Asset Service Provider regime and has positioned itself as a compliant venue focused on security and institutional-grade access to digital assets.<\/p>\n<p data-start=\"1991\" data-end=\"2176\">The listing is expected to improve regional liquidity for SUI, particularly as interest grows in high-throughput Layer-1 blockchains used in decentralised finance and Web3 applications.<\/p>\n<h2>Sui price prediction<\/h2>\n<p data-start=\"2223\" data-end=\"2514\">Historically, listings on major Asian exchanges have often led to spikes in trading activity for altcoins, driven by institutional and regional participation.<\/p>\n<p data-start=\"2223\" data-end=\"2514\">While HashKey\u2019s OTC focus narrows the immediate investor base, broader market stabilisation could amplify the impact of the listing.<\/p>\n<p data-start=\"2516\" data-end=\"2780\">From a technical perspective, SUI appears oversold following the recent decline.<\/p>\n<p data-start=\"2516\" data-end=\"2780\">The relative strength index has moved deep into oversold territory, suggesting the potential for a short-term rebound.<\/p>\n<p data-start=\"2516\" data-end=\"2780\">A recovery would likely see $1.12 acting as a key support level.<\/p>\n<figure id=\"attachment_360356\" aria-describedby=\"caption-attachment-360356\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-360356\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/SUIUSD_2026-02-03_14-42-35.png\" alt=\"SUI Price Chart\" width=\"972\" height=\"2038\"\/><figcaption id=\"caption-attachment-360356\" class=\"wp-caption-text\">Sui price chart by TradingView<\/figcaption><\/figure>\n<p data-start=\"2782\" data-end=\"2991\">Near-term resistance is seen in the $1.20 to $1.34 range, with the upper end marking a previous area of demand.<\/p>\n<p data-start=\"2782\" data-end=\"2991\">However, momentum indicators such as the MACD remain bearish, pointing to ongoing downside risks.<\/p>\n<p data-start=\"2993\" data-end=\"3244\" data-is-last-node=\"\" data-is-only-node=\"\">If buying interest fails to build, SUI could face renewed pressure below the $1.00 level.<\/p>\n<p data-start=\"2993\" data-end=\"3244\" data-is-last-node=\"\" data-is-only-node=\"\">As with the broader crypto market, the token\u2019s direction is likely to remain closely tied to shifts in risk sentiment and bitcoin price action in the days ahead.<\/p>\n<p>\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Markets,SUI#SUI #slides #crypto #selloff #HashKey #Exchange #confirms #listing1770125137<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SUI slid below $1.10 amid a broad crypto selloff, tracking weakness in bitcoin and major altcoins. Hong Kong\u2019s HashKey Exchange will list SUI\/USD for professional investors from Feb. 4. A potential bullish reversal could see Sui price target $1.20-$1.34. HashKey Exchange, Hong Kong\u2019s largest licensed cryptocurrency platform, is set to list Sui, a development that<\/p>\n","protected":false},"author":1,"featured_media":5329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6296","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SUI slides amid crypto selloff as HashKey Exchange confirms new listing - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Sui traded around $1.13 as bulls looked to bounce off recent lows, and could ride HashKey Exchange listing to test key resistance\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6296\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SUI slides amid crypto selloff as HashKey Exchange confirms new listing\" \/>\n<meta property=\"og:description\" content=\"Sui traded around $1.13 as bulls looked to bounce off recent lows, and could ride HashKey Exchange listing to test key resistance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6296\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-03T13:25:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/sui-price.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1152\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6296\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6296\",\"name\":\"SUI slides amid crypto selloff as HashKey Exchange confirms new listing - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6296#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6296#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/sui-price.png\",\"datePublished\":\"2026-02-03T13:25:37+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Sui traded around $1.13 as bulls looked to bounce off recent lows, and could ride HashKey Exchange listing to test key resistance\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6296#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6296\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6296#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/sui-price.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/sui-price.png\",\"width\":1152,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6296#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SUI slides amid crypto selloff as HashKey Exchange confirms new listing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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