Apr 2, 2024

Only three assets in the CoinDesk 20 closed higher compared to one week ago, according to data from CoinDesk Indices. 4th.

Video transcript

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. According to Coindesk indices, only three assets in the coin desk 20 closed higher compared to one week ago, Bitcoin Cash, Doge and Litecoin all gains with Bitcoin Cash gaining more than four times year on year. Bitcoin Cash hit the highest price point since November 2021 as the Bitcoin Cash having is scheduled to occur on April 4th. Historically, having events have led to price increases and the recent surge in Litecoin can be attributed in part to a statement by the CFTC in a lawsuit against crypto exchange Q coin. The US regulator referred to Litecoin as a commodity. The coin desk 20 index fell 4.3% over the week with 17 assets declining. That's a wrap for today's chart of the day. I'm Jen San Asi. We will see you next time to unpack more of the data behind top news stories

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