Bitcoin Bounces Back to $79K as UNI Surges 32% Weekly
Bitcoin's price has been volatile over the past week, with a recent dip below $77,000 on Monday morning. However, it quickly rebounded to around $79,000 and is currently trading between this range.
The price of Bitcoin's native token, UNI, has seen significant growth, surging by 32% weekly to almost $6.00 before retracing to its current value of $5.65.
Other altcoins, such as CRV and ARB, have also experienced a surge in their prices, with CRV increasing by 15% daily and ARB rising by 24% daily, placing them back in the top 100 alts by market capitalization.
The total crypto market cap remains at just over $2.7 trillion on CG, while Bitcoin's dominance over other altcoins is around 58%.