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CoinDesk Indices Daily Market Update
Market Performance
The CoinDesk 20 is currently trading at 2910.89, up 2.0% (+56.54) since 4 p.m. ET on Tuesday.
Leaders and Laggards
Eighteen of 20 assets are trading higher.
Leaders
Two assets are leading the pack: BCH (+20.8%) and LINK (+8.6%).
Laggards
Two assets are lagging behind: SUI (-0.3%) and XRP (-0.1%).
About the CoinDesk 20 Index
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. It is designed to provide a comprehensive picture of the performance of a diverse range of digital assets.
Conclusion
The CoinDesk 20 index provides a valuable tool for investors and traders to track the performance of a broad range of digital assets. With 18 out of 20 assets trading higher, it is clear that the market is currently in an uptrend.
FAQs
Q: What is the CoinDesk 20 Index?
A: The CoinDesk 20 is a broad-based index designed to provide a comprehensive picture of the performance of a diverse range of digital assets.
Q: How is the CoinDesk 20 Index calculated?
A: The CoinDesk 20 Index is calculated based on the performance of a broad range of digital assets, including cryptocurrencies, stablecoins, and other digital assets.
Q: Why is the CoinDesk 20 Index important?
A: The CoinDesk 20 Index is important because it provides a valuable tool for investors and traders to track the performance of a broad range of digital assets, helping them to make informed investment decisions.
