Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed

Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed

Uniswap's price shot up by 22% following a bullish target set by Standard Chartered, while other altcoins like HYPE and Solana also saw significant gains, driving a broad altcoin rally. Meanwhile, Bitcoin hovered around $66,000, showing little movement as oil prices dropped to a three-month low. The market's reaction comes amid the Federal Reserve's first meeting under new leadership, adding an element of uncertainty as investors weigh the potential impact of Fed policy on broader economic trends and crypto markets.

Original Source

Read the full article at Coindesk →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.