Uniswap Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap's (CRYPTO: UNI) price has decreased by 3.52% over the past 24 hours to $4.67, continuing its downward trend over the past week of -25.0%. Uniswap's trading volume has climbed 23.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.19%. The current market cap ranking for UNI is #20 at $3.52 billion.

August 22, 2023 | 3:00 pm
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NEGATIVE IMPACT
Uniswap's price has decreased by 3.52% over the past 24 hours, continuing its downward trend over the past week of -25.0%. The trading volume has increased by 23.0% over the past week.
The price of Uniswap has been on a downward trend, decreasing by 3.52% in the past 24 hours and 25% over the past week. This negative price movement is likely to impact the short-term price of UNIUSD negatively. However, the increase in trading volume indicates a heightened interest in the asset, which could potentially lead to price stabilization or recovery in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100