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CoinDesk 20 Performance Update: XLM Falls 14.6% as All Index Constituents Decline

Bitcoin was the top performer, dipping only 2.5%.

Nov 26, 2024, 2:49 p.m.
9am CoinDesk 20 Update for 2024-11-26: laggards chart

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3150.49, down 5.3% (-175.81) since 4 pm ET on Monday.
None of the 20 assets are trading higher.

Leaders: BTC (-2.5%) and AVAX (-2.7%).

STORY CONTINUES BELOW
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9am CoinDesk 20 Update for 2024-11-26: leaders chart

Laggards: XLM (-14.6%) and POL (-10.4%).

9am CoinDesk 20 Update for 2024-11-26: laggards chart

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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Coinbase misses Q4 estimates as transaction revenue falls below $1 billion

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"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.

What to know:

  • Crypto exchange Coinbase reported a fourth quarter earnings miss.
  • Transaction revenue of $982.7 million was down from $1.046 billion the previous quarter and $1.556 billion in the fourth quarter one year ago.
  • In the first quarter of 2026 through Feb. 10, the company has seen about $420 million in transaction revenue.
  • Shares were modestly higher in after-hours trade, though remaining down about 40% year-to-date.