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Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
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Bitcoin Cash's 29% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

All but three cryptos in the index posted losses last week, with alternative L1s NEAR, APT, and AVAX declining the most.

By Tracy Stephens
AccessTimeIconApr 2, 2024 at 7:07 p.m. UTC
Updated Apr 2, 2024 at 7:09 p.m. UTC
cd20 leaders
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CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Only three assets in the CoinDesk 20 closed higher compared to one week ago: bitcoin cash (BCH) up 29%, dogecoin (DOGE) up 9% and litecoin (LTC) up 0.5%. Bitcoin cash has gained more than 4x year-over-year, but still maintains a market cap that is less than 1% of that of bitcoin (BTC).

cd20 leaders

Six assets in the CoinDesk 20 weakened more than 10% this past week, led by Layer 1s (NEAR), (APT) and (AVAX).

cd20 leaders

The CoinDesk 20 Index fell 4.3% over the week, with 17 assets declining. Bitcoin and ether (ETH) contributed to this downturn, dropping 3.8% and 5.5%, respectively.

performance by time period

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

Edited by Stephen Alpher.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Tracy Stephens
Tracy Stephens

Tracy Stephens is a Senior Index Manager at CoinDesk Indices.

Follow @tracysteph_ on Twitter

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