CoinDesk 20 performance update: APT drops 14.8% as index falls over weekend

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Avalanche and Aptos were the worst-performing stocks, falling 6%.

Author: Tracy Stephens, CoinDesk Indices

Source:CoinDesk Indices

Compiled by: Ada, MetaEra

CoinDesk Indices (12.23) Market Overview, highlighting the star and lagging coins in the CoinDesk 20 Index.

The CoinDesk 20 Index stands at 3319.53, down 2.9% (-98.37) since 4 PM ET last Friday. 3 of the 20 assets in the index saw their trading prices rise.

Star coins: LTC (+2.5%) and UNI (+2.2%).

Lagging coins: APT (-14.8%) and AVAX (-6.0%).

For previous content, please see:

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

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

《CoinDesk 20 Performance Update: XLM Soars 47.7%, Index Gains Over 100 Points》

《CoinDesk 20 Performance Update: XLM Surges 73.2% Over the Weekend》

《CoinDesk 20 Performance Update: LTC Rises 8.5%, Leading Index Higher Since Wednesday》

《CoinDesk 20 Performance Update: HBAR Falls 11.4%, Leading Index Lower Since Tuesday》

《CoinDesk 20 Performance Update: POL Drops 7.7%, Leading Index Declines》

《CoinDesk 20 Performance Update: LINK Falls 5.7%, Nearly All Index Components Decline》

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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