CME Futures launch news fails to spur UNI’s price rally — What happened?

On 22nd September, the world's leading derivatives market, Chicago Mercantile Exchange (CME) Group, announced the launch of Bitcoin Cash [BCH] and Uniswap [UNI] Futures on 19th October. In the last 24 hours, UNI's price has declined by 1.24%, a performance on par with Bitcoin's [BTC] 1.26% fall. The mood across the altcoin sphere appeared to be deflated in the short term. No bullish impetus as Futures listing date nears Over the past week, the governance token has oscillated between $6.80 and $7.80, establishing a short-term range. The Futures Taker CVD (90-day) metric calculates the cumulative volume difference between market buy and sell orders over three months. It has been taker-sell dominated since 22nd September, with a decrease in volume too.

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