Uniswap News

Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.

Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC.

Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR.

China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise.

Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally.

Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.

Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices.

Grayscale’s GDLC fund now includes SOL and UNI at 3.24% and 1.06%, respectively, after reducing LTC and BCH holdings.

Historical data suggests that October is a good month for Bitcoin bulls, and the push above $47,600 on Oct.1 could be a signal of what's to come for BTC and altcoins.

A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins.

In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.

Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX.

Positive news about China’s Evergrande meltdown and the Fed’s intent to continue its current monetary policy catalyzed a strong recovery in the price of Bitcoin and altcoins.

Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.

Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking.