CoinDesk 20 Performance Update: APT Falls 14.8% as Index Trades Lower Over Weekend
Avalanche joined Aptos as among the worst performers, falling 6%.
1. Summary:
The CoinDesk 20 Index experienced a 2.9% decrease, with leaders Litecoin (LTC) and Uniswap (UNI) showing positive performance and laggards Aptos (APT) and Avalanche (AVAX) declining. Tracy Stephens, Senior Index Manager at CoinDesk Indices, ensures robustness and rigor in index and data products.
2. Key Insights:
– The CoinDesk 20 Index is down 2.9% and is trading at 3319.53.
– Three of the 20 assets in the index are trading higher.
– Leaders in performance are LTC (+2.5%) and UNI (+2.2%).
– Laggards in performance are APT (-14.8%) and AVAX (-6.0%).
– Tracy Stephens, the Senior Index Manager, has a background in traditional finance and systematic trading strategies.
