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CoinDesk 20 Performance Update: XRP and LTC Top Performers as Crypto Market Tumbles
The CoinDesk 20 index declined 4.2% since late Thursday afternoon.
Jul 3, 2024, 1:36 p.m.
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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 2062.59, down 4.2% (-90.03) since yesterday's close.
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All 20 assets in the index are trading lower.
Leaders: XRP (-1.1%) and LTC (-2.2%).
Laggards: RNDR (-7.3%) and SOL (-6.9%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in multiple regions globally.
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Wall Street remains bullish on bitcoin while offshore traders retreat
The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.
O que saber:
- U.S. institutional investors are maintaining their leveraged positions in bitcoin while offshore traders are reducing exposure, NYDIG found.
- The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.
- Bitcoin’s price movement aligns with quantum computing stocks, suggesting a broader market trend rather than a specific quantum risk factor.
