Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The drop occurred alongside a broad plunge in crypto markets that’s seen ETH, SOL, DOGE also post double-digit percentage declines over the past week and BTC fall 6%. AVAX has struggled … Read more
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 3816.51, down 1% (-38.03) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: ETH (-0.2%) and ICP (-0.3%). Laggards: AVAX (-7.1%) and NEAR … Read more
Crypto prices took another leg lower on Thursday while crypto-related stocks sold off after U.S. economic growth was revised sharply higher. The U.S. government reported that gross domestic product expanded at a 3.8% annualized rate in the second quarter, up from 3.3% in the previous estimate and well above the 3% initially reported. Alongside, initial … Read more
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 4062.43, up 1.1% (+45.95) since 4 p.m. ET on Monday. Nineteen of the 20 assets is trading higher. Leaders: AVAX (+8.9%) and NEAR (+5.9%). Laggards: BCH (-0.2%) and BTC … Read more
Major cryptocurrencies, including bitcoin BTC$117,123.32, ether (ETH), XRP XRP$2.7757, solana SOL$198.37 and others, are trading on the front foot following Wednesday’s interest-rate cut by the Federal Reserve. Still, some analysts are maintaining a cautious bias. “The Fed rate cut gave crypto a near-term lift, but the rally is not yet clean,” Timothy Misir, head of … Read more
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 4267.12, up 0.7% (+27.81) since 4 p.m. ET on Monday. Eighteen of 20 assets is trading higher. Leaders: AVAX (+4.6%) and NEAR (+2.9%).Laggards: AAVE (-0.9%) and BCH (-0.2%). The … Read more
The biggest tokens traded sluggishly as traders awaited Wednesday's Federal Reserve meeting. Solana's sol (SOL) stood out with near-record open interest in the CME-listed futures. Privacy-focused monero (XMR) rose 6% over 24 hours, looking past the massive blockchain reorg that raised centralization concerns. Other gainers were IMX, up nearly 13%, AVAX, adding 6%, and HASH, … Read more
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 4164.74, up 1.8% (+73.5) since 4 p.m. ET on Tuesday. Nineteen of 20 assets are trading higher. Leaders: AVAX (+6.6%) and SOL (+3.1%). Laggards: POL (+0.0%) and AAVE (+0.4%). … Read more
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 4055.49, up 1.6% (+65.75) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: AVAX (+5.2%) and BCH (+3.4%).Laggards: POL (+0.0%) and APT (+0.6%). The CoinDesk … Read more
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 4261.62, up 1.0% (+40.35) since 4 p.m. ET on Thursday. Twelve of 20 assets are trading higher. Leaders: AVAX (+3.4%) and ADA (+3.4%). Laggards: ICP (-1.0%) and LINK (-0.7%). … Read more