In the latest update from CoinDesk Indices, we analyze the current state of the CoinDesk 20 Index, shedding light on which cryptocurrencies are standing strong and which ones are faltering.
Current Index Performance
The CoinDesk 20 Index has settled at 3136.62, reflecting a slight dip of 0.6%, which translates to a decrease of 20.46 points since 4 PM ET yesterday.
Out of the 20 digital assets tracked, only six have managed to show any upward movement.
Leading the Pack
On a positive note, APT has climbed 1.8%, and DOT is not far behind with a 1.7% increase.
These assets are shining in an otherwise challenging environment.
Facing Challenges
Meanwhile, it’s a different story for some others.
Litecoin (LTC) is down 4.7%, and Hedera (HBAR) has seen a decline of 3.9%.
These losses illustrate the volatility that can often characterize the cryptocurrency market.
The CoinDesk 20 Index is a widely recognized benchmark, accessible on various trading platforms around the globe.
It provides a snapshot of the performance trends for major cryptocurrencies, helping investors navigate the complex landscape of digital assets.
Source: Coindesk
