Cryptocurrencies Price Prediction: Uniswap, Bitcoin & Ethereum — Asian Wrap 11 June
June 10, 2025
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.
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 (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.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Search
RECENT PRESS RELEASES
Related Post