CoinDesk 20 performance update: HBAR drops 11.3% over the weekend, leading index declines

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MetaEra
a day ago
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ICP and HBAR were the worst performing coins, falling 7.1%.

Author: Tracy Stephens, CoinDesk Indices

Source:CoinDesk Indices

Compiled by: Ada, MetaEra

CoinDesk Indices (12.16) market overview, highlighting the star and lagging coins in the CoinDesk 20 index.

The CoinDesk 20 index stands at 3805.48, down 1.7% (-64.94) since 4 PM ET on Friday. 2 out of the 20 assets in the index saw their trading prices rise.

Star coins: LINK (+5.2%) and BTC (+2.2%).

Lagging coins: HBAR (-11.3%) and ICP (-7.1%).

For previous content, please see:

《CoinDesk 20 Performance Update: Almost All Assets Traded Lower, BCH Down 10%

《CoinDesk 20 Performance Update: DOT Rises 17.3% as Index Climbs》

《CoinDesk 20 Performance Update: HBAR Index Surges 42.3% Since Friday》

CoinDesk 20 Performance Update: UNI Rises 16.3%, All Assets Traded Higher》

《CoinDesk 20 Performance Update: XLM Down 14.6%, All Index Components Declined》

About CoinDesk 20

The CoinDesk 20 (CD20) is a comprehensive cryptocurrency index that caters to the market's demand for more diversified indices and portfolio choices beyond just Bitcoin. Thoughtfully designed, balancing liquidity, diversification benefits, and implementation ease, the CoinDesk 20 tracks the performance of top digital assets, using a market capitalization-weighted approach to enhance portfolio diversification.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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