Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
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Apr 4, 2024 at 7:32 p.m. UTC
Apr 4, 2024
The CoinDesk 20 includes trading and liquidity requirements to support product implementation at scale. The CoinDesk 20 is market-capitalization-weighted to improve diversification with a 30% cap on the largest member (currently Bitcoin) and a 20% cap on all other members (currently capping Ether). The CoinDesk 20 is a subset of the CoinDesk Market Index (CMI) which is drawn from the Digital Asset Classification Standard (DACS) universe. The index is updated every five seconds and reconstituted and rebalanced quarterly following a robust and transparent governance framework.