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CoinDesk Indices Daily Market Update
Market Performance
The CoinDesk 20 is currently trading at 3310.92, up 0.2% (+5.24) since 4 p.m. ET on Tuesday.
Leaders and Laggards
Fourteen of 20 assets are trading higher, with AAVE and LTC leading the pack. AAVE is up 6.9%, while LTC is up 3.7%. On the other end, XRP and SUI are lagging, down 1.2% and 1.2%, respectively.
Leaders Chart
[Insert image: 9am CoinDesk 20 Update for 2025-02-05: leaders chart]
Laggards Chart
[Insert image: 9am CoinDesk 20 Update for 2025-02-05: laggards chart]
About the CoinDesk 20
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. It provides a comprehensive view of the market, reflecting the performance of a diverse range of digital assets.
Conclusion
In conclusion, the CoinDesk 20 is experiencing a positive day, with 14 out of 20 assets trading higher. AAVE and LTC are leading the pack, while XRP and SUI are lagging. The CoinDesk 20 provides a valuable snapshot of the market, giving investors and traders a comprehensive view of the digital asset landscape.
FAQs
Q: What is the CoinDesk 20?
A: The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Q: How is the CoinDesk 20 calculated?
A: The CoinDesk 20 is calculated based on the performance of a diverse range of digital assets.
Q: What are the criteria for inclusion in the CoinDesk 20?
A: The criteria for inclusion in the CoinDesk 20 include liquidity, trading volume, and market capitalization.
Q: How often is the CoinDesk 20 updated?
A: The CoinDesk 20 is updated in real-time, providing investors and traders with up-to-the-minute information on the market.
