Markets
Bitcoin (BTC) Price Surpasses $70,000 to Lead CoinDesk 20 Winners: CoinDesk Index Market Update
CoinDesk Indices (Permanent contract) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the CoinDesk broad market index (CMI).
The CoinDesk 20 is down 1.3% over the past week, with nine of the gauge’s 20 assets sliding more than 4%. The index was helped as the largest component – Bitcoin (BTC) – advanced by 1.3% and at least briefly came back above $70,000.
The only other CoinDesk 20 component in the green over the past week was Cardano. (ADA)who managed an advance of 08%.
The worst performer in the index was Uniswap (UNITED)which lost 14% of its value as a governance vote tied to token holder rewards. delayed.
CoinDesk 20 tracks major digital assets and can be invested on multiple platforms. The broader CMI includes around 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture and entertainment, IT and digitalization.