Latest news with #CoinDesk20
Yahoo
a day ago
- Business
- Yahoo
CoinDesk 20 Performance Update: Avalanche (AVAX) Surges 16.2% as All Assets Rise
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 4105.18, up 5.0% (+194.55) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: AVAX (+16.2%) and HBAR (+11.9%).Laggards: LTC (+1.8%) and BTC (+1.8%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
APT Surges 5% From Lows Despite Market Volatility and $960M in Altcoin Liquidations
Aptos' APT exhibited exceptional price volatility throughout the 24-hour trading period, establishing a comprehensive trading range of 5.4%, spanning from an absolute low of $4.53 to a session high of $4.79, according to CoinDesk Research's technical analysis model. The model showed that the period was highlighted by an explosive intraday rally at 14:00 on July 24, with price action accelerating from $4.59 to $4.75 accompanied by substantial volume of 3.64 million, creating robust volume-confirmed support at the $4.59 threshold. Post-breakout, APT sustained consistent trading above the $4.60 level, encountering significant resistance in the $4.75-$4.79 range, according to the model. The recent altcoin correction eliminated $960 million in leveraged positions throughout the cryptocurrency ecosystem. The bounce in Aptos came as the wider crypto market fell, with the broader market gauge, the Coindesk 20, recently down 0.6%. In recent trading, APT was 1.2% higher over 24 hours, trading around $4.695. Technical Analysis: The trading session included a significant retracement to $4.62 approximately at 07:53, forming a crucial support foundation before launching a sustained upward movement. Price action reached $4.67 near 08:06, illustrating substantial buying pressure and momentum alignment. The recovery sequence confirms the previously established support territory around $4.58-$4.60. APT effectively maintained ascending lows, indicating potential advancement toward the identified resistance zone near $4.75-$4.79. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
CoinDesk 20 Performance Update: Solana (SOL) Drops 4.2%, Leading Index Lower
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 3943.11, down 2.0% (-80.67) since 4 p.m. ET on Thursday. Five of 20 assets are trading higher. Leaders: BCH (+7.2%) and HBAR (+3.6%).Laggards: SOL (-4.2%) and XRP (-3.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
BNB Falls 4.3% as Traders Eye Key Support Levels After Record High
BNB slid 4.3% in the last 24 hours, falling from $808 to $764 in a sharp pullback that erased a portion of its gains month-to-date. The drop came on heavy volume, with traders watching a critical support zone around $744 to $753 as the next test for the market. At one point, BNB touched a 24-hour low of $744.56 and briefly rebounded to $759.35. The movement suggests traders may be consolidating near these levels, though price action continues to form lower highs in a sign the downtrend remains intact, according to CoinDesk Research's technical analysis model. The price has kept on sliding throughout the trading session, reinforcing concerns about continued selling pressure. The $744 floor is being watched to see whether holds or breaks, which could set the stage for further declines. BNB has underperformed the wider crypto market over the last 24 hours, as the CoinDesk 20 (CD20) index has dropped 3.6% over the same period. The pullback follows a strong rally that pushed BNB to a record $804 on July 23. Nasdaq-listed Nano Labs acquired $90 million worth of BNB recently, while companies including Build & Build Corp. and WindTree are also accumulating. On social media, Binance founder and former CEO Changpeng Zhao commented on the cryptocurrency's recent performance, showing appreciation for ecosystem participants. Still, the selloff suggests traders are now taking profits or repositioning amid a broader surge in altcoin trading volume and network upgrades across BNB Chain. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
CoinDesk 20 Performance Update: Ripple (XRP) Drops 5.2%, Leading Index Lower
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 4054.25, down 2.3% (-94.67) since 4 p.m. ET on Tuesday. One of 20 assets are trading higher. Leaders: BCH (+0.3%) and ETH (-0.8%).Laggards: XRP (-5.2%) and ADA (-5.1%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
