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CoinDesk 20 Performance Update: XRP Falls 9.9%, Leading Index Lower from Monday

Litecoin also joined Ripple as an underperformer, falling 6.1%.

Dec 3, 2024, 2:20 p.m.
9am CoinDesk 20 Update for 2024-12-03: laggards chart

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 3764.72, down 2.6% (-100.09) since 4 pm ET on Monday.

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Nine of 13 assets are trading higher.

Leaders: HBAR (+11.0%) and POL (+9.8%).

9am CoinDesk 20 Update for 2024-12-03: leaders chart

Laggards: XRP (-9.9%) and LTC (-6.1%).

9am CoinDesk 20 Update for 2024-12-03: laggards chart

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

What to know:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.