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Dogecoin Climbs 5.4%, Tops CoinDesk 20 This Week: CoinDesk Indices Market Update

Bitcoin and ether are also among this week's leaders, while Uniswap lags.

By Tracy Stephens|Edited by Stephen Alpher
Updated Apr 12, 2024, 6:07 p.m. Published Apr 12, 2024, 6:05 p.m.
CoinDesk 20 leaders (CoinDesk Indices)
CoinDesk 20 leaders (CoinDesk Indices)

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).

Dogecoin DOGE$0.09601 led the CoinDesk 20 this week, climbing 5.4% and topping $0.20 at one point before pulling back. This is still far below the meme coin’s all-time high of $0.58 in May of 2021.

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Only five assets in the index closed yesterday above their levels of one week ago. Despite sizable losses on Friday, bitcoin BTC$67,722.54 and ether {{ETH}} were among them.

cd20 leaders

Uniswap {{UNI}} noticeably lagged this week, falling 19% as the DeFi exchange received an enforcement notice from the SEC. Layer 1s Aptos APT$0.8585 and Internet Computer {{ICP}} were among the worst performers as well.

cd20 laggards

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

CoinDesk 20

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Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)

President Donald Trump raised the global tariff rate to 15% despite a Supreme Court ruling against earlier emergency trade measures, keeping pressure on China and other partners.

Lo que debes saber:

  • Bitcoin fell to about $67,500, extending weekly losses as renewed trade tensions and legal uncertainty over U.S. tariffs weighed on risk assets.
  • President Donald Trump raised the global tariff rate to 15 percent despite a Supreme Court ruling against earlier emergency trade measures, keeping pressure on China and other partners.
  • Major cryptocurrencies, including Ether, XRP, Solana, Dogecoin, Cardano and BNB, also declined as digital assets continued to trade in line with broader macro and trade headlines.
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