CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday
On November 8, 2024, the CoinDesk 20 index saw a 1.3% increase, reaching 2337.84. Cardano's ADA emerged as the top performer, gaining 9.9%, while Polygon also performed well with a 7.9% rise. Conversely, Bitcoin (BTC) experienced a decline of 0.9%, and Ethereum (ETH) saw a slight increase of 1.6%. Out of the 20 assets in the index, twelve were trading higher. Among the laggards, Bitcoin Cash (BCH) fell by 2.8%, with Render also declining by 1.7%. This performance update provides insight into the current market dynamics within the cryptocurrency space, highlighting which assets are faring better in the ongoing trade environment. The index is widely recognized, being traded on multiple platforms across various regions globally, allowing investors to gauge performance and trends in the market more effectively.
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