CoinDesk 20 Index Sees Surge with BCH and ETC Leading the Charge
The CoinDesk 20 Index saw impressive gains on Thursday, rising by 4.8% (+141.11), reaching a value of 3081.58. The rally was driven by standout performances from Bitcoin Cash (BCH) and Ethereum Classic (ETC), which gained 13.1% and 9.4%, respectively.
Leading the Pack:
- Bitcoin Cash (BCH) surged 13.1%, solidifying its position as the day’s strongest performer.
- Ethereum Classic (ETC) followed closely with a 9.4% increase.
Underperformers:
- On the flip side, Render Network (RNDR) and Stellar (XLM) faced slight declines of 0.7% and 0.5%, respectively.
The CoinDesk 20 Index, a benchmark for major cryptocurrencies across multiple global exchanges, highlights the ongoing shifts in market sentiment, with the majority of assets experiencing upward momentum.