Uniswap Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap (UNI) has seen a price decrease of 3.89% over the past 24 hours, continuing a week-long downward trend of 6.0%. Trading volume has decreased by 22.0% over the past week, and the circulating supply has decreased by 1.08%. The current market cap is $6.77 billion, ranking UNI at #19.
July 02, 2024 | 7:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Uniswap (UNI) has experienced a 3.89% price drop in the last 24 hours, continuing a week-long decline of 6.0%. Trading volume has decreased by 22.0% over the past week, and the circulating supply has decreased by 1.08%. The current market cap is $6.77 billion, ranking UNI at #19.
The significant price drop of 3.89% in the last 24 hours, combined with a week-long decline of 6.0%, indicates a bearish trend for Uniswap. The decrease in trading volume by 22.0% and a slight reduction in circulating supply further support the negative sentiment. These factors are likely to impact the short-term price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100