Bitcoin, Uniswap & Litecoin — Asian Wrap 23 June
Bitcoin price remains highly bullish on all timeframes. The recent rally has pushed it to the $30,000 psychological level. With rising Bitcoin dominance, altcoins are likely going to be sidelined while investors pour capital into BTC, pushing the big crypto to scale higher heights.
Uniswap price is doing well in comparison to other altcoins in the market whose bullish momentum that was just building up was destroyed by sudden corrections. Although UNI was among these tokens, it had still amassed enough bullishness to push through the bearish phase, but investors’ skepticism seems to have the upper hand.
Litecoin (LTC) price is trading with a bullish bias, featuring among the tokens that have benefited the most from the latest Bitcoin (BTC) rally. Originally designed to address developer concerns that Bitcoin was becoming too centrally controlled, the token has recorded eight consecutive green bars with more ground to cover before traders can scream ‘overbought.’
