$UNI · BETA AT WORK
-8.4% at $8.815, 16% up a $8.631 to $9.809 range on $110M of volume. That is roughly 5.0x the move in $BTC (-1.7%), in the same direction.
When a coin tracks the market at a multiple like that, the market is usually the story, not the coin. Beta cuts both ways, which is the part people forget on green days.
Anything specific to $UNI here, or is this all the market?
$UNI
-8.4% at $8.815, 16% up a $8.631 to $9.809 range on $110M of volume. That is roughly 5.0x the move in $BTC (-1.7%), in the same direction.
When a coin tracks the market at a multiple like that, the market is usually the story, not the coin. Beta cuts both ways, which is the part people forget on green days.
Anything specific to $UNI here, or is this all the market?
$UNI
