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CoinDesk Indices Daily Market Update
Market Performance
The CoinDesk 20 is currently trading at 3106.99, down 0.8% (-25.47) since last Friday at 4 p.m. ET.
5 of 20 assets are trading higher.
Leaders
HBAR (+7.8%) and NEAR (+2.1%) are leading the market.
Laggards
SOL (-6.0%) and DOT (-6.0%) are lagging behind.
About the CoinDesk 20
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Methodology
The CoinDesk 20 is calculated using a proprietary methodology that takes into account various market indicators, including market capitalization, trading volume, and liquidity.
Disclaimer
The information provided is for general information purposes only and should not be considered as investment advice. Any reliance on the information provided is solely at the user’s own risk.
FAQs
Q: What is the current value of the CoinDesk 20?
A: The current value of the CoinDesk 20 is 3106.99, down 0.8% (-25.47) since last Friday at 4 p.m. ET.
Q: Which assets are trading higher?
A: 5 of 20 assets are trading higher, with HBAR (+7.8%) and NEAR (+2.1%) leading the market.
Q: Which assets are lagging behind?
A: SOL (-6.0%) and DOT (-6.0%) are lagging behind.
Q: What is the methodology used to calculate the CoinDesk 20?
A: The CoinDesk 20 is calculated using a proprietary methodology that takes into account various market indicators, including market capitalization, trading volume, and liquidity.
Conclusion
The CoinDesk 20 is a widely followed index that provides a snapshot of the cryptocurrency market. With 5 of 20 assets trading higher, the market is showing signs of recovery. However, SOL and DOT are lagging behind, indicating potential challenges ahead. As always, investors should exercise caution and consult with financial advisors before making any investment decisions.
