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CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading

Declines of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.

Jul 23, 2024, 2:13 p.m. 1 min read
9am CoinDesk 20 Update for 2024-07-23 - laggards

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 2299.72, down 2.2% (-51.54) since yesterday's close.

Four of 20 assets are trading higher.

Leaders: ETC (+4.1%) and MATIC (+1.5%).

9am CoinDesk 20 Update for 2024-07-23 - leaders

Laggards: ICP (-5.6%) and AVAX (-5.2%).

9am CoinDesk 20 Update for 2024-07-23 - laggards

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

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(Anna Webber/Getty Images for Inc. at Inc. Founders House at SXSW)

The billionaire investor said he sold most of his bitcoin after concluding the cryptocurrency failed to act as a hedge during recent geopolitical turmoil and dollar weakness.

Bilinmesi gerekenler:

  • Mark Cuban said he has sold most of his bitcoin holdings after concluding it failed to act as a hedge against a weakening dollar and geopolitical turmoil, particularly during the recent Iran conflict.
  • The billionaire investor, who once described bitcoin as a superior version of gold and held a crypto...