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Uniswap's 38% Advance Leads CoinDesk 20 Gainers Over the Past Week: CoinDesk Indices Chart Pack

Just four cryptos in the index outperformed Bitcoin's 5.2% gain.

Updated Mar 8, 2024, 10:15 p.m. Published Feb 27, 2024, 9:24 p.m.
CD20 leaders 2/26/2024 (CoinDesk Indices)
CD20 leaders 2/26/2024 (CoinDesk Indices)

CoinDesk Indices (CDI) presents its Chart Pack, a twice-weekly look back at the performance of individual names inside the CoinDesk 20 Index (CD20), along with a breakdown of sector performance inside the broader CoinDesk Market Index (CMI).

The CD20 tracks the world's largest and most-liquid cryptocurrencies inside an investable index, while the CMI includes nearly 200 cryptos broken down by seven sectors and more than two dozen subsectors.

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  • Several analysts cut their price targets and flagged near-term earnings and consumer monetization pressures.
  • However, analysts highlighted the company's growing derivatives business, stablecoin footprint and subscription offerings as signs of a more diversified model.