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Uniswap Skyrockets 80% as Bitcoin Stalls at $51K (Market Watch)

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Uniswap has been the main story of the past day, as its native cryptocurrency exploded by 80% following a proposal for a major upgrade.

The price dipped to as low as $50.6K at one point, but that’s when buyers stepped in and managed to push it back up to where it currently trades at $51K.Bitcoin’s dominance has declined to 48.6% in the past 24 hours – down from 49.25%. This is indicative of the fact that the altcoin market is outperforming BTC.The sentiment in the altcoin market is mostly mixed, with the majority of them charting slight gains or losses over the past 24 hours.

 

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