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CoinDeskcoindesk.com

Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed (opens original article in a new tab)

TL;DR

Bitcoin remained stable around $65,800 as altcoins like Uniswap jumped 22.5% amid an improving macro backdrop

  • Bitcoin traded flat at $65,800 as investors awaited the Fed's first rate decision under Kevin Warsh
  • Uniswap's UNI surged 22.5% after a bullish report, while other altcoins like HYPE, Solana, and Ether also gained
  • Falling oil prices and a bond rally improved the macro backdrop for risk assets, with the Fed's tone on rates critical for Bitcoin's next move

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