30s Summary
The CoinDesk 20 Index, monitoring the top 20 cryptocurrencies, is trading down 2.9%, at 2591.55. Only three of the tracked assets are currently trading higher. XLM and XRP are top performers, up by 4.2% and 3.4% respectively. In contrast, POL and ADA have seen significant drops of 7.7% and 7.0%. The Index can be traded worldwide, offering opportunities for both experienced traders and novice investors.
Full Article
Here’s your daily crypto catchup, brought to you by the CoinDesk Indices team. They’ve just published the latest on the CoinDesk 20 Index, which tracks the performance of the top 20 cryptocurrencies.
Here’s what’s happening: The CoinDesk 20 is trading at 2591.55, which is down 2.9% since 4 pm on Monday – that’s a drop of 76.88. Out of the 20 assets they track, only three are trading higher at the moment.
Now, let’s check out the top performers: XLM is up by 4.2% and XRP has gone up by 3.4%. On the other hand, POL and ADA have had a rough day, lagging behind with drops of 7.7% and 7.0% respectively.
The CoinDesk 20 is a popular and diverse index, and you can start trading on it in multiple regions worldwide. So whether you’re an experienced trader or a novice investor, there’s something for everyone!
This update was put together by the talented Stephen Alpher. See you tomorrow for the next market update!