UNI Up 10% in a Week as Bitcoin Consolidates Price

UNI Climbs 10% This Week as Altcoins Gain Momentum While Bitcoin Holds Steady

Uniswap’s UNI token has jumped 10% this week amid a broader surge in the altcoin market.

This move comes as Bitcoin consolidates around the $108,000 mark after hitting a new all-time high of $111,970 last week.

UNI reached an intraday peak of $7.63 before settling near $7.04, currently testing the $7.00 level as support—previously a resistance point during the week.

Holding above $7.00 could set the stage for UNI to push towards $10, a level that saw selling pressure back in February.

Meanwhile, the Altcoin Season Index from CoinMarketCap has risen from 12 to 25 over the last month, indicating growing strength among altcoins, though the market remains largely Bitcoin-focused until the index surpasses 75, signaling a full altcoin season.