Blockchain
Bitcoin (BTC) Price Tops $70,000 and Leads CoinDesk 20 Gains: CoinDesk Index Market Update
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 market index CoinDesk (CMI).
The CoinDesk 20 fell 1.3% over the past week, with nine of the 20 assets in the indicator falling more than 4%. The index was helped by its largest component: Bitcoin (BTC) – advanced 1.3% and at least briefly it broke again on top $70,000.
The only other CoinDesk 20 component in the green over the past week was Cardano (ADA)which recorded a progress of 08%.
The worst performer on the index was Uniswap (UNI)which lost 14% of its value as a governance vote related to rewards for token holders delayed.
CoinDesk 20 tracks major digital assets and is investable across multiple platforms. The broader CMI includes approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture and entertainment, computing and digitalization.