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Uniswap price drops 10.7% amid Bitcoin slump triggered by Nasdaq chip sell-off

Market News
05 Nov 2026, 21:06 WIB
CryptoTicker
View Source
Bearish
Uniswap price drops 10.7% amid Bitcoin slump triggered by Nasdaq chip sell-off

Uniswap (UNI) fell 10.7% in 24 hours, following a broader crypto market decline led by Bitcoin's 5.6% drop. The sell-off was triggered by a Nasdaq chip sector rout, causing liquidations of leveraged positions across cryptocurrencies. UNI's price remains above its 200-day average but below its 50-day average, with key support near $6.25. Investors are advised to reduce leverage and consider hedging strategies as market volatility continues, with UNI's movement closely tied to Bitcoin's performance around the $75,000 level.

Uniswap (UNI) trades at Rp123.373, down 11.16% as of Nov 06, 2026 02:12 WIB on Pluang. Bitcoin (BTC) is priced at Rp1.380.850.852, down 5.29%. UNI shows higher selling pressure with 83% sell orders versus BTC's 64%.

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