XLM, along with XRP, emerged as the best-performing currencies, rising 6.7%.
Article author: Tracy Stephens, CoinDesk Indices
Source: CoinDesk Indices
Article compiled by: Echo, MetaEra
CoinDesk Index (12.17) market overview, highlighting star coins and underperformers in the CoinDesk 20 index.
The CoinDesk 20 Index is at 3997.96, up 2.1% (+82.3) since 4 PM ET on Monday. Of the 20 assets in the index, 8 are trading at higher prices.
Star coins: XRP (+7.9%) and XLM (+6.7%)
Underperformers: LINK (-4.2%) and UNI (-2.3%)
For previous content, please see:
(CoinDesk 20 Performance Update: HBAR dropped 11.3% over the weekend, leading index declines)
(CoinDesk 20 Performance Update: HBAR index has been rising since Friday, surging 42.3%)
(CoinDesk 20 Performance Update: UNI up 16.3%, all asset trades rise)
(CoinDesk 20 Performance Update: XLM surges 47.7%, index rises over 100 points)
(CoinDesk 20 Performance Update: XLM saw an all-around rise over the weekend, surging 73.2%)
(CoinDesk 20 Performance Update: LTC up 8.5%, leading index has risen since Wednesday)
(CoinDesk 20 Performance Update: HBAR down 11.4%, leading index down since Tuesday)
(CoinDesk 20 Performance Update: POL down 7.7%, leading index declines)
(CoinDesk 20 Performance Update: LINK down 5.7%, almost all index components fell)
(CoinDesk 20 Performance Update: LTC up 3%, leading index rises)
(CoinDesk 20 Performance Update: LTC and BCH lead, index up 0.4%)
(CoinDesk 20 Performance Update: UNI surged 7.9% as the index rose)
About CoinDesk 20
The CoinDesk 20 Index (CD20) is a comprehensive cryptocurrency index that caters to the market's demand for diversified indices and portfolio choices beyond Bitcoin. Thoughtfully designed, it balances liquidity, diversified advantages, and ease of implementation, tracking the performance of top digital assets and using a market capitalization-weighted approach to enhance portfolio diversity.
