Abstract: A suspended cup holder comprising a support ring hanging from a plurality of elastic ring suspenders, and a basket suspended from the support ring by a plurality of elastic basket suspenders. The bottom of each ring suspender is attached to the ring, and the top of each ring suspender is attached to a support bracket. The support bracket is configured to attach the cup holder to a bicycle or hand cart. The elastic ring suspenders are any elastic member configured to support the support ring under the load of the beverage container. The support ring is a rigid or semi-rigid ring providing annular suspension support to the basket. The elastic basket suspenders are disposed circumferentially around the support ring and around the top of the basket. The basket is cylindrical in shape, the top being open to removably receive the beverage container, and the bottom having a base to provide vertical support to the beverage container.