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UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP' 19% decline.
Jun 18, 2024, 3:16 p.m.
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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).
Uniswap led the CoinDesk 20 this past week. its 6.8% advance bringing the token above $11, up from just $7 one month ago.
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With a 4.1% gain, Ripple ( was the only other asset in the index to return positively.
Alternative layer 1s Internet Computer and Near Protocol – ranked 15th and 16th by market cap, respectively – underperformed most this week with declines of almost 20%
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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- 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.
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- Shares were modestly higher in after-hours trade, though remaining down about 40% year-to-date.
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