Ethereum Slips as CoinDesk 20 Trades Lower
The CoinDesk 20 index moved lower in Friday’s update, with Ethereum and Cronos among the weakest performers. NEAR and Cardano led the assets that traded higher.
What happened?
The CoinDesk 20 index moved lower in Friday’s update, with Ethereum and Cronos among the weakest performers. NEAR and Cardano led the assets that traded higher.
Why it matters
The update came from CoinDesk Indices’ daily market report, which highlights leaders and laggards within the CoinDesk 20. The figures reflect index performance since Thursday’s 4 p.m. ET reference point.
The CoinDesk 20 index was trading lower in its June 12 update, with Ethereum down 1.0% and Cronos down 1.4% among the laggards. The index stood at 1711.6, a decline of 0.3%, or 4.68 points, since 4 p.m. ET on Thursday.
The move matters because the CoinDesk 20 is designed as a broad-based benchmark and is traded on multiple platforms across several global regions. Its daily shifts offer readers a snapshot of how major digital assets are moving beyond any single token.
Performance was mixed across the index. Ten of the 20 assets were trading higher, showing that the decline was not uniform across the basket.
NEAR was the strongest listed performer, rising 2.7%, while Cardano gained 1.0%. Those advances contrasted with weakness in Ethereum and Cronos as the overall index edged lower.
The update came from CoinDesk Indices’ daily market report, which highlights leaders and laggards within the CoinDesk 20. The figures reflect index performance since Thursday’s 4 p.m. ET reference point.