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Will Uniswap Price Lose $5 Support if Regulatory Headwinds Intensify?

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The crypto market witnessed a slight downtick during the U.S. market trading session as Bitcoin plunged $56500. The renewed selling triggered a slight pullback in most of the major altcoins, including Uniswap. The $UNI price is down 2.53% today but maintains a short-term sideways despite the recent legal saga with the US Commodity Futures Trading Commission (CFTC).