According to CoinDesk, the CoinDesk 20 index has shown a positive trend and is currently trading at 3796.28, marking an increase of 3.3% or 120.73 points since 4 p.m. ET on Monday. This index, which is a comprehensive measure of the cryptocurrency market, reflects the performance of 20 major digital assets across various platforms worldwide.
Of the 20 assets included in the index, 17 are experiencing an upward movement. Among the best performers, XRP has increased by 6.6%, while XLM has seen a rise of 5.3%. These gains highlight the growing interest and investment in these particular cryptocurrencies, significantly contributing to the overall positive performance of the index.
On the other hand, not all assets in the CoinDesk 20 index are experiencing gains. RENDER and NEAR have been identified as the laggards, with RENDER experiencing a decline of 2.7% and NEAR falling by 0.7%. Despite these setbacks, the overall trend remains positive, indicating a strong market environment for digital assets. The CoinDesk 20 index continues to serve as a vital indicator of market trends, providing insights into the performance of leading cryptocurrencies on a global scale.
