UNI token surges while rest of crypto market looks to Fed's Warsh for guidance
CoinDesk·
60-second summary
The UNI token surges 15% in a single day, with its price reaching $6.50, as investors seek safe-haven assets amidst market uncertainty. Meanwhile, the crypto market looks to the Federal Open Markets Committee's interest-rate decision, set to be announced under new Fed Chair Kevin Warsh, for guidance on future monetary policy and potential market implications.
The Federal Open Markets Committee is set to announce the first interest-rate decision under Fed Chair Kevin Warsh, who then faces questions from journalists.