As an experienced financial analyst, I closely monitor the cryptocurrency market and follow the performance of various indices, including the CoinDesk Indices (CDI). The recent bi-weekly market update from CDI is particularly interesting, highlighting the gains made by some assets in the CoinDesk 20 Index (CD20) and the broader CoinDesk Market Index (CMI).
Each bi-weekly edition of CoinDesk Indices (CDI) showcases the latest developments in the CD20 Index (CoinDesk Benchmark Index) and the comprehensive CoinDesk Market Index (CMI). In this update, we focus on the top-performing and underperforming assets within these indices.
Most assets in the Index experienced an increase in value and ended up higher than their prices from a week prior on Thursday. This occurred even with volatile price movements. Only five tokens saw their values decrease during this time frame. The total return for the CoinDesk 20 was 2.1% over the course of the week.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7ODEUD53IZECRPCGWVGX4J2MWE.jpg)
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LU2GGRJIYNH6LLOKS6HOMI3ZNU.jpg)
CoinDesk monitors around 20 leading digital assets and makes them available for investment on various platforms. The comprehensive Classification of Crypto Assets (CMI) encompasses approximately 180 tokens, organized into seven main categories: currency tokens, smart contract platforms, Decentralized Finance (DeFi), culture and entertainment, computing projects, and those focused on digitization.
Read More
- Hades Tier List: Fans Weigh In on the Best Characters and Their Unconventional Love Lives
- Smash or Pass: Analyzing the Hades Character Tier List Fun
- Why Final Fantasy Fans Crave the Return of Overworlds: A Dive into Nostalgia
- Sim Racing Setup Showcase: Community Reactions and Insights
- Understanding Movement Speed in Valorant: Knife vs. Abilities
- Why Destiny 2 Players Find the Pale Heart Lost Sectors Unenjoyable: A Deep Dive
- FutureNet Co-Founder Roman Ziemian Arrested in Montenegro Over $21M Theft
- W PREDICTION. W cryptocurrency
- How to Handle Smurfs in Valorant: A Guide from the Community
- Honkai: Star Rail’s Comeback: The Cactus Returns and Fans Rejoice
2024-04-26 20:07