CoinDesk 20 performance update: Almost all assets trade lower, SOL down 8.8%

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MetaEra
01-24
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Avalanche (AVAX) and Solana (SOL) performed poorly, declining 5.7%.

Author: Tracy Stephens, CoinDesk Indices

Source:CoinDesk Indices

Translated by: Ada, MetaEra

CoinDesk Indices (1.23) market overview, highlighting the star and lagging coins in the CoinDesk 20 index.

The CoinDesk 20 index is at 3809.52, down 4.3% (+172.06) since 4 PM ET on Wednesday. 1 of the 20 assets in the index saw a price increase.

Star coins:ETC (+2.1%) and ETH (-1.4%)

Lagging coins:SOL (-8.8%) and AVAX (-5.7%)

Previous content:

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

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

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

《CoinDesk 20 Performance Update: XLM Rises 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 Falls 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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