UNI token surges while rest of crypto market looks to Feds Warsh for guidance

Image for article UNI token surges while rest of crypto market looks to Feds Warsh for guidance
News Source : CoinDesk

News Summary

  • Bitcoin BTC $ 63,947.65 is facing selling pressure ahead of today's Federal Open Market Committee (FOMC) interest-rate decision.
  • The largest cryptocurrency pulled back below $65,000 after trading near $67,000 just a day earlier.
  • The broader market CoinDesk 20 Index (CD200) has lost 1.2% since midnight UTC, with all but four tokens declining.
  • Among stand-out gainers, Uniswap’s UNI token surged another 20% over 24 hours.
Bitcoin BTC $64,586.08 is facing selling pressure ahead of todays Federal Open Market Committee (FOMC) interestrate decision at the first meeting under new Fed Chair Kevin Warsh.

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