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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.

By CoinDesk Indices, Tracy Stephens|Edited by Stephen Alpher
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.

CoinDesk 20CoinDesk IndicesIndicesIndexPrice

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ETH, ADA, XRP Lead Gains as Bitcoin Edges Higher on Fed Rate Cut Expectations

By Shaurya Malwa|Edited by Sam Reynolds
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Bull, matador (Credit: Paul Kenny McGrath/Unsplash)

Asian equities opened the week slightly higher ahead of a heavy run of central bank decisions, including a Federal Reserve meeting where markets have largely priced in a 25-basis-point rate cut.

What to know:

  • Bitcoin traded above $91,300 as Asian equities opened higher, with markets anticipating a Federal Reserve rate cut.
  • Bitcoin rose 2% in 24 hours, facing resistance near $94,000, while Ether gained 3% to $3,135.
  • Despite crypto market gains, sentiment remains cautious, with potential for a deeper slowdown without new liquidity.
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