CoinDesk 20 Performance Update: LTC Gains 8.5%, Leading Index Higher from Wednesday
Analysis
Price Impact
MedLtc is showing strength, gaining 8.5% and leading the coindesk 20 index higher. this suggests positive sentiment and potential for further gains.
Trustworthiness
MedThe news comes from coindesk, a reputable source in the crypto industry, but the information is based on a single day's performance.
Price Direction
BullishLtc's strong performance indicates potential for further price increases, especially if the positive momentum continues.
Time Effect
ShortThe price impact is likely to be short-term, as it's based on a single day's performance. further analysis is needed to assess long-term trends.
Original Article:
Article Content:
CoinDesk Indices Election 2024 CoinDesk 20 Performance Update: LTC Gains 8.5%, Leading Index Higher from Wednesday Hedera and Ripple were also top performers, each rising 6%. By CoinDesk Indices , Tracy Stephens Nov 14, 2024 at 2:23 p.m. UTC Election 2024 coverage presented by Stand with crypto 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 2674.44, up 1.2% (+31.79) since 4 pm ET on Wednesday. Eleven of 20 assets are trading higher. Leaders: LTC (+8.5%) and HBAR (+6.0%). Laggards: DOT (-1.9%) and ADA (-1.0%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Edited by Stephen Alpher. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information have been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies . CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one. CoinDesk Indices Tracy Stephens Tracy Stephens is a Senior Index Manager at CoinDesk Indices. Follow @ tracysteph_ on Twitter Read more about CoinDesk 20 CoinDesk Indices Price charts