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CoinDesk 20 Performance Update: ADA and XRP Lead

Half of the CoinDesk 20 assets traded higher in overnight action, though the index overall was modestly lower.

Jul 2, 2024, 1:55 p.m.
9am CoinDesk 20 Update for 2024-07-02

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 2161.29, down 0.2% (-3.87) since yesterday's close.

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Ten of 20 assets in the index are trading higher.

Leaders: ADA (+2.9%) and XRP (+2.1%).

9am CoinDesk 20 Update for 2024-07-02

Laggards: AVAX (-4.4%) and UNI (-3.7%).

9am CoinDesk 20 Update for 2024-07-02 - laggards

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

Що варто знати:

  • 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.