CoinDesk 20 Performance Update: BCH and ETC Lead Market Rally
The CoinDesk 20 Index saw a notable 4.8% increase on Thursday, climbing to 3081.58, driven by strong gains in Bitcoin Cash (BCH) and Ethereum Classic (ETC), which rose by 13.1% and 9.4%, respectively.
Top Performers:
- Bitcoin Cash (BCH) emerged as the leader, surging by 13.1%.
- Ethereum Classic (ETC) closely followed with a 9.4% uptick.
Underperformers:
- Render Network (RNDR) saw a small decline of 0.7%, while Stellar (XLM) dropped by 0.5%.
The CoinDesk 20 Index, a comprehensive basket of top cryptocurrencies, continues to reflect a robust market with a majority of the assets experiencing upward momentum. With 17 out of 20 assets showing gains, the trend indicates growing investor confidence across the board.
