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CoinDesk 20 Performance Update: Broad-Based Gains Push Index Up 8.2%

ICP led today's gains in the CoinDesk 20 Index with a 26.1% rise.

Updated Jul 15, 2024, 1:56 p.m. Published Jul 15, 2024, 1:56 p.m.
CoinDesk 20 leaders (CoinDesk Indices)
CoinDesk 20 leaders (CoinDesk Indices)

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 2154.67, up 8.2% (+163.12) since last Friday's close.

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All 20 assets are trading higher.

Leaders: ICP (+26.1%) and XRP (+13.7%).

9am CoinDesk 20 Update for 2024-07-15 - leaders

Laggards: LTC (+1.2%) and UNI (+3.7%).

9am CoinDesk 20 Update for 2024-07-15 - laggards

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

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XRP slumps as bitcoin once again falls back to $85,000 level after surge

(CoinDesk Data)

Crypto markets swung sharply Thursday following a softer-than-expected U.S. CPI print, which briefly lifted bitcoin above $89,000 during U.S. hours.

What to know:

  • XRP declined 1.2% amid high trading volume, indicating significant market activity despite price struggles.
  • The cryptocurrency remains under pressure, failing to surpass the critical $2.00 level, which is seen as a key inflection point.
  • Elevated trading volume without sustained price gains suggests distribution rather than panic-driven selling.