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Cryptocurrencies Price Prediction: Uniswap, Bitcoin & Ethereum — Asian Wrap 05 June

UNI soars nearly 23% following cryptic social media post

Uniswap's (UNI) price spiked on Tuesday after its cryptic social media post increased bullish sentiment among investors. The rise comes off the back of an earlier decline following the postponement of UNI's fee mechanism vote.

Bitcoin could see higher volatility spike if a new all-time high is reached

Bitcoin (BTC) traded around $70,400 on Tuesday following key insights from Glassnode, which suggested that the largest digital asset could be primed for increased volatility if it reaches a new all-time high in the coming days.

Ethereum leveraged ETFs go live as price fails to react

Ethereum (ETH) sustained its sideways trend again on Tuesday following the launch of Volatility Shares leveraged ETH ETFs and an increase in implied volatility across ETH options.

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