Uniswap traded at $6.84 at 18:23 UTC, down 10.7% in 24 hours, 6.9% in seven days and 21% in 30 days (CoinGecko). Bitcoin lost 5.6% over the same 24 hours. The trigger came from outside: a Nas
Uniswap traded at $6.84 at 18:23 UTC, down 10.7% in 24 hours, 6.9% in seven days and 21% in 30 days (CoinGecko). Bitcoin lost 5.6% over the same 24 hours. The trigger came from outside: a Nasdaq chip rout that hit every large coin.
The full background is in our piece on the Bitcoin crash. Here is what it means for UNI: which levels count, what could change the picture and how to hedge.
We found no Uniswap-specific trigger for Thursday's drop. The daily returns of UNI and Bitcoin over the past 30 days have a correlation of 0.78 by our calculation from Binance data, so UNI mostly follows the market. Liquidations of leveraged longs across crypto added pressure. For the project itself, recent news includes the recent high in new Uniswap addresses.
Uniswap had momentum until Wednesday: Santiment counted 13,137 new UNI addresses in one day in late October, the most since September 2020, and UNI traded at $7.37 on Wednesday morning, above the $7 mark Santiment called decisive. Thursday's drop took it back under that mark.
Source: Binance, own calculation
Unlike many large coins, UNI still trades well above its 200-day average, so there was more room to fall.
Level What it is $7.95 50-day average $4.79 200-day average $6.84 Price now $6.25 30-day low (Binance) $44.92 All-time high, down 85% since thenOur assessment, not a forecast: as long as Bitcoin holds the $75,000 area, a move back toward the 50-day average stays possible. If that area breaks, the 30-day low is the first level at risk.
CoinGecko
Remove leverage first, because a falling price then lowers only your book value. A stablecoin share or a short of the same size reduces the risk, with its own costs. Buying in small instalments spreads your entry price. Short positions earn on falling prices but can wipe out your margin quickly. Details are in our Bitcoin crash guide.
Our comparisons of regulated exchanges and crypto brokers set out fees and features for Uniswap and other coins. Three common platforms, with partner links; check that UNI is offered in your country:
Provider Strength Fits if you Bitpanda Savings plans, European provider from Vienna want to buy in small, regular amounts Coinbase Simple app, listed on Nasdaq are starting out and want a clear interface OKX Spot and derivatives on one platform want to trade actively or hedge a positionAs of November 5, 2026. This article is not investment advice; crypto assets can lose value sharply.
