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Cryptocurrency News Video

Uniswap’s UNI Rallies Above $6.37 as Bulls Brush Off Trump’s Tariff War

Jun 03, 2025 at 11:53 am Crypto World Daily

A spike in buying volume helped UNI overcome early volatility and challenge short-term resistance, with bulls defending key support despite macroeconomic turbulence. Uniswap's native token UNI extended its recent recovery rally, brushing off macroeconomic pressure as investors looked past heightened global trade tensions. The token climbed steadily from $6.09 to $6.40, establishing key support above the $6.30 level. Market volatility remains elevated, fueled by geopolitical risk and speculation surrounding rate cuts in Europe and the U.S. Still, UNI appears to be benefiting from risk rotation as traders seek upside in altcoins, with price holding firm despite choppy conditions. A sharp spike in volume during the early hours of the session, particularly at $6.5557, marked a potential short-term top. However, subsequent pullbacks were met with aggressive buying, reinforcing a bullish bias and keeping UNI on track for further gains — provided it can sustain price action above the $6.30-$6.33 zone. Technical Price Highlights “AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy. Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics. https://www.coindesk.com/markets/2025/06/03/uniswap-s-uni-rallies-above-usd6-37-as-bulls-brush-off-trump-s-tariff-war #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
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