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CoinDesk 20 Performance Update: XLM Surges 47.7% as Index Rises Over 100 Points
Polkadot joined Stellar as a top performer, gaining 37.1%.
2024年11月25日 下午3:09由 AI 翻译
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 3382.04, up 3.2% (+104.5) since 4 pm ET on Friday.
Seventeen of 20 assets are trading higher.
Leaders: XLM (+47.7%) and DOT (+37.1%).
STORY CONTINUES BELOW
Laggards: SOL (-2.3%) and BTC (-1.8%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
需要了解的:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
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