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CoinDesk 20 Performance Update: HBAR fell 11.3% over the weekend, leading the index lower
ICP and HBAR are among the worst-performing currencies, down 7.1%.
Article by Tracy Stephens, CoinDesk Indices
Article source: CoinDesk Indices
Article Compilation: Ada, MetaEra
The CoinDesk Index (12.16) market overview, highlighting the stars and downturns in the CoinDesk 20 Index.
The CoinDesk 20 index reported 3805.48, down 1.7% (-64.94) since 4 p.m. Eastern Time on Friday. Out of the 20 assets in the index, 2 have seen price increases.
Star currencies: LINK (+5.2%) and BTC (+2.2%).
Sluggish currencies: HBAR (-11.3%) and ICP (-7.1%).
In previous issues, please see:
"CoinDesk 20 Performance Update: Almost all asset trading prices have fallen, BCH down 10%"
CoinDesk 20 Performance Update: DOT Rises 17.3% as Index Climbs
CoinDesk 20 Performance Update: HBAR Index Soars 42.3% Since Friday
CoinDesk 20 Performance Update: UNI Rises 16.3%, All Assets Trades Higher
"CoinDesk 20 Performance Update: XLM fell 14.6%, all index components fell"
About CoinDesk 20
The CoinDesk 20 Index (CD20) is a comprehensive cryptocurrency index that caters to the market's demand for more diversified indices and portfolio choices beyond Bitcoin. Carefully designed to balance liquidity, diversification advantages, and implementation convenience, the CoinDesk 20 tracks the performance of top digital assets and enhances portfolio diversity using market capitalization weighting.