CoinDesk 20 Rips 6.2% Higher as Crypto Rally Goes Broad-Based
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Every asset in the index flashed green this week—no thanks to the Fed’s ’careful monitoring’ of our fun.
No losers, just latecomers: From Bitcoin to the smallest alt, the entire basket caught bids as institutional FOMO overpowered trader skepticism.
When correlation = 1.0: Even the usual laggard tokens joined the party, proving that when liquidity floods in, Wall Street’s ’diversification’ theories get flushed out.
Another day, another ATH for crypto’s blue chips—while traditional finance still debates if blockchain is ’more than just a spreadsheet.’
Leaders: sui (+16.4%) and BCH (+15.6%)
Laggards: BTC (+3.3%) and LTC (+4.5%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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