CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

The CoinDesk 20 declined 1.3% over the past week, with nine of the 20 assets in the gauge slipping more than 4%. The index was helped as its largest component – bitcoin (BTC) – advanced 1.3% and at least briefly broke back above $70,000.

The only other CoinDesk 20 constituent in the green over the past week was Cardano (ADA), which managed a 08% advance.

CoinDesk 20 leaders and laggards (CoinDesk Indices)

The index's worst performer was Uniswap (UNI), which lost 14% of its value as a governance vote related to rewards for token holders was delayed.

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

CoinDesk 20

Tracy Stephens

Tracy Stephens is Senior Index Manager at CoinDesk Indices, where she works to maintain the high standards of robustness and rigor of systematic trading found in traditional finance in index and data products. Before transitioning into crypto, she built systematic macro-trading strategies as a quantitative researcher at Alliance Bernstein, one of the largest asset managers in the U.S., and at Citibank. Tracy holds a Bachelor's degree in Math from Barnard College and a Master's degree in Data Science from the University of California, Berkeley.