All 20 top crypto assets are up, with Chainlink and NEAR showing the strongest gains.
- CoinDesk 20 Index rose 4.0% in 24 hours
- Chainlink (LINK) led with an 8.4% gain
- All 20 tracked tokens saw price increases
CoinDesk 20 Index Moves Higher
The CoinDesk 20 Index, which tracks 20 of the largest digital assets, saw a strong performance. As of 9 a.m. ET on Tuesday, the index was at 2967.37. That’s an increase of 4.0% from Monday afternoon. Every single token in the index trading higher helped drive this gain.
Chainlink and NEAR Outperform
The best performers among the 20 tokens were Chainlink (LINK) and NEAR Protocol (NEAR). LINK rose by 8.4%, while NEAR gained 8.2%. Investors may be showing renewed interest in these platforms due to ongoing development and future updates.
Other Coins Gain But Lag Behind
Even the slowest gainers saw some upward action. Litecoin (LTC) rose by 1.6%, and Bitcoin Cash (BCH) went up by 2.0%. Despite being at the bottom of today’s rankings, both are still in positive territory.
Market Sentiment Looks Positive
These price moves suggest positive momentum in the crypto market. A wide range of assets gaining together often reflects growing confidence. The CoinDesk 20 includes tokens traded on many platforms around the world, so its moves can be seen as a broad view of the market.
Source: coindesk.com
