In a bi-weekly market report, CoinDesk Indices share the successes and setbacks of key players within the CoinDesk 20 Index (CD20) and the extensive CoinDesk Market Index (CMI).

Over the past week, all twenty assets in the CoinDesk Top 20 experienced losses. However, Bitcoin (BTC) and ether (ETH) performed relatively better with decreases of 12.1% and 16.6%, respectively, up until Monday.
Bitcoin and Ethereum Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update
Over the past week, Uniswap (UNI), Filecoin (FIL), and Aptos (APT) experienced significant losses, each declining by over 35%. In total, the prices of five different cryptocurrencies dropped by more than 30%.
Bitcoin and Ethereum Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update

In the expansive CMI marketplace, comprised of 187 tradeable digital tokens, just three coins surpassed bitcoin’s performance during the past week. Notably, among them was Ondo (ONDO), the real-world assets platform, which generated positive returns.

Bitcoin and Ethereum Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update

CoinDesk monitors around 20 leading digital assets that can be invested in through various platforms. The comprehensive CoinMarketCap (CMI) includes around 180 tokens, categorized into seven main groups: currency tokens, smart contract platforms, Decentralized Finance (DeFi), culture and entertainment, computing projects, and those focusing on digitization.

Read More

2024-04-16 20:04