why / uni

Why is Uniswap down today?

−3.78% 24h
Short answer

Uniswap (UNI) is down 3.8% in the last 24 hours, trading at $6.73. The whole crypto market is −2.3%, so this is mostly a market-wide move. It usually moves with Bitcoin, which is −2.4% today.

· from live market data
UNI 24h−3.78%
Whole market 24h−2.31%
Bitcoin 24h−2.43%
Link to BTC (30d)0.81
Volume vs normal2.5×
Exchange-based Tokens sector−2.13%
signals

What is moving Uniswap

Strongest signals first.

Moving with the whole market

The total crypto market is −2.3% in 24 hours. UNI is −3.8%, about the same, so this looks like a market-wide move rather than something specific to Uniswap.

Why is the crypto market moving? →

Follows Bitcoin closely

Over the last 30 days, UNI's daily moves had a 0.81 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −2.4% today.

Bitcoin price →

Trading volume is 2.5× normal

At today's pace, UNI trades about 2.5 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.

The Exchange-based Tokens sector is down

Uniswap is part of the Exchange-based Tokens sector, which is −2.1% today. UNI is moving with its sector.

Exchange-based Tokens sector →

1 story about Uniswap today

Recent headlines: “Binance hack could accelerate shift to DEXs: Standard Chartered”. Read them below.

Weak month

UNI is −7.6% this week and −23% over 30 days, so today's move continues the monthly trend.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of UNI positions right now, on the chart, in the Blockdeck app.

See VIP layers →
news

Uniswap news today

More news →
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Keep exploring Uniswap

faq

Questions

Why is Uniswap down today?

Uniswap (UNI) is down 3.8% in the last 24 hours, trading at $6.73. The whole crypto market is −2.3%, so this is mostly a market-wide move. It usually moves with Bitcoin, which is −2.4% today.

Will Uniswap go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: UNI is −7.62% over 7 days and −23.48% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, UNI's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.