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CoinDesk 20 Performance Update: BCH's 21% Surge Leads Index Gain
Bitcoin Cash and Litecoin lead the charge as the CoinDesk 20 Index climbs 3% since Friday's close.
Updated Jul 29, 2024, 1:45 p.m. Published Jul 29, 2024, 1:45 p.m.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 2362.16, up 3.0% (+69.78) since last Friday's close.
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Thirteen of 20 assets are trading higher.
Leaders: BCH (+21.2%) and LTC (+6.8%).
Laggards: RNDR (-4.1%) and NEAR (-2.8%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
Ce qu'il:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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