Uniswap Slumped 8% Daily, Bitcoin Fights for $19K (Market Watch)

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Uniswap is among the poorest performers on a 24-hour scale, perhaps fueled by the misunderstandings with Binance.

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This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Its market capitalization has taken a slight hit and sits at $365 billion. The silver lining is that its dominance over the altcoins has gone above 40%.The alternative coins have not enjoyed the past 24 hours, with most of them being covered in red.

Ethereum continues to struggle to reclaim $1,300, and another 1% decline since yesterday has pushed the asset to well below that level. Binance Coin has seen 2.25% gone in a day and is down to $265. Ripple, Shiba Inu, and Dogecoin have declined by up to 5%. More losses come from Cardano, Solana, Polkadot, and MATIC – all of them have declined by up to 7%. UNI, on the other hand, has dumped by more than 8% daily following the latestWith many of the lower- and mid-cap alts in a similar state, the overall crypto market cap has seen $25 billion shed in a day, and the metric stands just inches above $900 billion.

 

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