UNI Surges 10% This Week as Bitcoin Consolidates

Description

Uniswap's native UNI token has risen by 10% this week amid a wider altcoin market rally. The move comes as bitcoin BTC consolidates around $108,000 after setting a record high of $111,970 last week. UNI is currently trading at $7.04 after rising to as high as $7.63 at 03:35 UTC. It is currently testing the $7.00 level as support, which had been a point of resistance over the past week. If UNI holds above $7.00, it could establish a firm level of support before springing toward $10, which spurred...