Weekly Crypto Roundup: Updated 24 January 2024

This week witnessed a general downturn in the cryptocurrency market, with specific assets facing significant declines. Bitcoin Cash (BCH) and Uniswap (UNI) emerged as notable losers, experiencing drops of -20.52% and -20.31%, respectively. The overall dip in digital asset capitalization had a notable impact on these tokens. According to CoinTelegraph, Bitcoin Cash encountered selling pressure, influenced by concerns related to historical events, particularly news surrounding the potential initiation of Bitcoin Cash repayments tied to past incidents. The negative trend in Uniswap, marked by a “Very Bearish” sentiment and an 8.99% price drop to $5.63, reflected a challenging period.

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