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Market Bloodbath: Uniswap (UNI) Leads Crypto Slump with 11.4% Drop as CoinDesk 20 Tanks
Market Bloodbath: Uniswap (UNI) Leads Crypto Slump with 11.4% Drop as CoinDesk 20 Tanks
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Crypto markets got a brutal reality check today—even DeFi darling Uniswap wasn't spared. The UNI token bled out 11.4% as the entire CoinDesk 20 index flashed red.
No lifelines in sight
Traders watched helplessly as every single asset in the benchmark index cratered. The 'buy the dip' crowd? Nowhere to be found—just another Tuesday in crypto wonderland.
Silver lining? At least the Wall Street suits sweating over their 'diversified' crypto ETFs got a taste of real volatility. Welcome to the jungle, bankers.
Leaders: BTC (-1.8%) and LTC (-1.9%).
Laggards: UNI (-11.4%) and ICP (-8.2%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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