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Here’s why the Uniswap price remains in a bear market

2025-07-05 16:15:03

Here’s why the Uniswap price remains in a bear market

Main Idea

Uniswap's price has significantly declined, entering a bear market, with its value dropping over 20% from its peak in May, alongside a broader sell-off in altcoins.

Key Points

1. Uniswap's price fell to $6.95 on July 5, down from its November high of $20, reducing its market cap to $4.8 billion.

2. The altcoin market, excluding Bitcoin, Ethereum, and stablecoins, has seen a nearly 30% drop in market cap.

3. Uniswap's DEX volume was $80 billion in the last 30 days, significantly lower than competitors like PancakeSwap ($160 billion) and Hyperliquid ($220 billion).

4. On-chain data shows increased UNI supply on exchanges (84.6 million) and decreased whale holdings (723 million from 824 million in January), indicating selling pressure.

5. UNI's funding rate has turned negative, and technical analysis suggests resistance at $8.6 could determine future price movements.

Description

The price of Uniswap has crashed into a bear market after falling by over 20% from its peak in May of this year. Uniswap ( UNI ) was trading at $6.95 on Saturday, July 5, which is significantly lower than its last November high of $20. This decline has brought its market capitalization to $4.8 billion, down from last year’s high of over $10 billion. UNI’s price crash has coincided with the ongoing sell-off of altcoins. The market cap of all cryptocurrencies, excluding Bitcoin ( BTC ), Ethereum (...

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Tags:
Markets Uniswap
$QNT
$106.59
+0.82%
$CAKE
$2.2304
+0.65%
$UNI
$7.022
+1.55%
$HYPE
$38.824
+1.28%
$AERO
$0.7262
-1.79%
$BTC
$108064.9
+0.37%
$ETH
$2505.75
+0.63%
$PEPE
$0.000009663
+0.59%

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