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CoinDesk Indices: Daily Market Update
CoinDesk 20 Index Performance
The CoinDesk 20 is currently trading at 3878.91, up 3.6% (+133.71) since 4 p.m. ET on Wednesday.
Leaders and Laggards
Thirteen out of the 20 assets are trading higher. The top gainers are:
- HBAR (+17.0%)
- LTC (+13.0%)
On the other hand, the top decliners are:
- ETH (-3.4%)
- UNI (-1.4%)
About the CoinDesk 20
The CoinDesk 20 is a broad-based index that reflects the performance of a diversified basket of leading cryptocurrencies. It is designed to provide a comprehensive picture of the cryptocurrency market, and is traded on multiple platforms in several regions globally.
Frequently Asked Questions
Q: What is the CoinDesk 20?
A: The CoinDesk 20 is a broad-based index that reflects the performance of a diversified basket of leading cryptocurrencies.
Q: How is the CoinDesk 20 calculated?
A: The CoinDesk 20 is calculated based on the prices of 20 leading cryptocurrencies, which are selected based on their market capitalization, trading volume, and liquidity.
Q: Why is the CoinDesk 20 important?
A: The CoinDesk 20 provides a comprehensive picture of the cryptocurrency market, and is widely followed by investors and market analysts.
Q: How can I invest in the CoinDesk 20?
A: The CoinDesk 20 is traded on multiple platforms in several regions globally, and can be accessed through various financial institutions and online trading platforms.
Q: What are the benefits of investing in the CoinDesk 20?
A: Investing in the CoinDesk 20 provides exposure to a diversified basket of leading cryptocurrencies, which can help to reduce risk and increase potential returns.
