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Bitcoin Cash Rally Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
All but two cryptos in the index posted losses, led by double-digit declines in APT and DOGE.
Updated Apr 5, 2024, 5:00 p.m. Published Apr 5, 2024, 4:58 p.m.
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
Bitcoin Cash (+6.6%) and Internet Computer (+4.6) is the only members of the CoinDesk 20 to close Thursday with positive returns on the week.
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Several cryptos that have led the index of late pulled back this week, including aptos and dogecoin , each falling more than 14%.
Within the CoinDesk DeFi Index, the majority of index members lost ground this week. Three emerging protocols, however, posted gains: Solana-based liquid staking protocol Jito , atomic swaps network Synapse and swap aggregator Jupiter .
CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.
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