Bitcoin Tops $70K to Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
Submitted by Anonymous (not verified) on Tue, 06/04/2024 - 19:40All but two assets in the gauge lost ground over the past week, led by UNI's 14% decline.
All but two assets in the gauge lost ground over the past week, led by UNI's 14% decline.
Bitcoin relinquished early gains above $70,000 to close the week only marginally higher.
The broad crypto price gauge has seen about $5 billion in perpetual futures volume since January.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
The Near Protocol's Near token has more than doubled in price in 2024.
All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE.
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
The crypto market is balancing the threat of stagflation against a liquidity injection from the Treasury General Account (TGA), and the launch of H
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