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CoinDesk 20 Hits Record as SHIB and DOGE Soar: CoinDesk Indices Market Update
All 20 cryptos in the index appreciated last week, leading to a one-week gain of 24%.
Updated Mar 8, 2024, 10:40 p.m. Published Mar 5, 2024, 5:17 p.m.
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).
The CoinDesk 20 closed on Monday at an all-time-high of 2,538 after having traded above 2,600 overnight. This index is now higher by just shy of 50% year-to-date.
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Meme coins shiba inu and dogecoin continued to outperform among the 20 large-cap assets in the CoinDesk 20, gaining 237% and 102%, respectively. Bitcoin cash also saw an outsized gain of 65%.
Although all 20 assets in the index are trading higher than Monday’s close last week, Layer 1 Smart Contract Platform Internet Computer was a noticeable laggard with just a 2.1% advance.
The CoinDesk 20 tracks the world's largest and most-liquid cryptocurrencies in an investible index available on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.
Lebih untuk Anda
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Yang perlu diketahui:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Bitcoin dips, but quickly recovers as U.S. captures Venezuela's Maduro
The U.S. overnight launched a military strike against Venezuela, capturing President Nicolas Maduro and his wife and extracting them from the country.
알아야 할 것:
- The U.S. captured Venezuelan President Nicolas Maduro and his wife after a brief military operation Saturday morning, according to President Trump.
- Crypto prices suffered a brief, modest drop on the first reports of the military action, but have since recovered.
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