Market Wrap: DeFi Tokens Aave and Uniswap Climb While ETH and BTC Dump

Market Wrap: DeFi Tokens Aave and Uniswap Climb While ETH and BTC Dump

Bitcoin and ether seem to be more sensitive to a fickle global stock market. But that hasn’t affected aave and uniswap and other altcoins making huge upward swings, fueled by DeFi hype.

Aave (AAVE) trading around $567 as of 21:00 UTC (4 p.m. ET). Gaining 27.7% over the previous 24 hours.

Uniswap (UNI) trading around $40.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.6% over the previous 24 hours.