Uniswap Price Drops 10.7%: Why UNI Falls Harder Than Bitcoin

Uniswap traded at $6.84 at 18:23 UTC, down 10.7% in 24 hours, 6.9% in seven days and 21% in 30 days (CoinGecko). Bitcoin lost 5.6% over the same 24 hours. The trigger came from outside: a Nasdaq chip rout that hit every large coin. The full background is in our piece on the Bitcoin crash. Here is what it means for UNI: which levels count, what could change the picture and how to hedge. Why Is Uniswap Down? It Follows Bitcoin We found no Uniswap-specific trigger for Thursday's drop.