Cryptocurrencies Price Prediction: Uniswap, Bitcoin & Ethereum — Asian Wrap 11 June
|Top Crypto Gainers: UNI, XDC, JTO - DeFi tokens surge as Paul Atkins favors self-custody
Decentralized Finance (DeFi) tokens surge after Paul Atkins’ speech, with Uniswap (UNI), XDC Network (XDC), and Jito (JTO) posting double-digit gains as top performers in the last 24 hours. Uniswap edges lower by over 4% at press time on Wednesday after a spectacular performance of a 26% surge to close a bullish engulfing candle the day before. With a brief pause at $8.67, a three-month high, UNI reverses from the $8.70 supply ceiling to take a breather.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP poised for volatility ahead of US CPI
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing early signs of strength as BTC is nearing its all-time highs, ETH is breaking past its consolidation, and XRP is finding support around its key level. Bitcoin price retested and found support around its 50-day Exponential Moving Average (EMA) at $101,000 on Friday, and then recovered sharply over the next three days. BTC closed above its key resistance level of $106,406 on Monday and hovered around $110,000 the next day.
Ethereum Price Forecast: ETH extends rally following lingering effect of SEC Chair Atkins' DeFi vision
Ethereum (ETH) is up 3% in the early Asian session on Wednesday, as bullish sentiments from Securities and Exchange Commission (SEC) Chair Paul Atkins' statement on decentralized finance (DeFi) regulation continue to push the top altcoin's price higher.
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