CoinDesk
The CoinDesk 20 Index traded at 1646.0 on Thursday, up 2.7% (+42.96) since 4 p.m. ET on Wednesday. Eighteen of the 20 constituents closed higher, with AAVE leading at +10.1% and Bitcoin Cash second at +5.8%. HBAR (-1.0%) and XLM (-0.6%) were the day's only laggards.
AAVE's move stood out well ahead of the rest of the field. A double-digit single-session gain in the DeFi lending heavyweight usually tracks a broader risk-on rotation rather than protocol-specific flow, and it lifted the index by more than its 5% weight would suggest. BCH's 5.8% push added a second non-major cap to the leaderboard.
Frequently asked questions
-
What is the CoinDesk 20?
A broad-based market index tracking 20 leading crypto assets, traded on multiple platforms globally and published by CoinDesk Indices.
-
How much did the CoinDesk 20 move today?
It traded at 1646.0, up 2.7% (+42.96) since 4 p.m. ET on Wednesday, with 18 of 20 constituents closing higher.
-
Which assets led and lagged the index?
AAVE led at +10.1% and Bitcoin Cash was second at +5.8%. HBAR (-1.0%) and XLM (-0.6%) were the only laggards.
-
Why does AAVE's 10.1% gain stand out?
Its move was well ahead of the field and well beyond what AAVE's roughly 5% weight in the index would imply, suggesting broader risk-on flow rather than token-specific news.
-
What does 18 of 20 constituents rising signal?
When 90% of a diversified large-cap basket moves in the same direction on the same session, the move is typically driven by a market-wide factor, with individual names just expressing it with different leverage.
CryptoSlate
TheBlock
Crypto News
WuBlockchain
Lookonchain