Dec 26, 2023

"CoinDesk Daily" host Amitoj Singh breaks down some of the biggest winners and losers in the crypto market this year.

Video transcript

As 2023 comes to an end. We're taking a closer look at some of this year's winners and losers in the crypto market. You're watching a very special edition of coin desk Daily. I'm your host. I'm A to sing coin desk indices. Data reveals that computing was the runaway sector leader in 2023 R A token increased in value by nearly 10 times over the year, followed by fetch dot A I which saw gains of 680%. More than half of the 30 assets currently in the computing sector are up more than 50% on the year. Bitcoin was also a clear standout. Only 22 of the 184 current members of the coin desk market index have outperformed the largest Cryptocurrency by market capitalization. So far this year, a coin is the only current member of the coin desk market index to lose more than 50% since the start of 2023. A coin reached a high of more than $6 in January, but now trades below $2 and D file also underperformed that sector gained 69% year to date while the overall coin desk market index gained 100 and 30%. Only three of the 46 assets in the D five sector have outperformed Bitcoin so far this year. Well, stay tuned for more market moving developments on coindesk.com. That's a wrap for coins daily. We'll see you next time.

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