$UNI · BETA AT WORK
-11.7% at $7.796, 2% up a $7.777 to $8.837 range on $91M of volume. That is roughly 2.8x the move in $BTC (-4.3%), 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
-11.7% at $7.796, 2% up a $7.777 to $8.837 range on $91M of volume. That is roughly 2.8x the move in $BTC (-4.3%), 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