CoinDesk 20 Performance Update: NEAR and AVAX Lead
Over the weekend, NEAR and AVAX lead the CoinDesk 20 with only one asset posting a loss.
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CoinDesk 20
Over the weekend, NEAR and AVAX lead the CoinDesk 20 with only one asset posting a loss.
Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP’ 19% decline.
Bitcoin and other major assets offer unique advantages to investors seeking growth and diversification, says Jason Leibowitz.
Bitcoin relinquished early gains above $70,000 to close the week only marginally higher.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
The Near Protocol’s Near token has more than doubled in price in 2024.
All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE.
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
The crypto market is balancing the threat of stagflation against a liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong’s bitcoin ETFs.