Uniswap Plunges 11% Amid Crypto Market Correction
Uniswap's price dropped 11.08% over the past 24 hours, as the broader crypto market pulled back from its recent rally.
The token's value fell to $9.43, while the total crypto market capitalization declined by 2.67%
BTC also fell 2.6% during this period
Despite the correction, Uniswap's exchange reserves dropped only 10.65%, which could limit additional selling pressure.
The Fear and Greed Index retreated from 81 to 73, indicating a shift towards caution in the market.