CoinDesk 20 performance update: Bittensor (TAO) rises 1.7%, leading index higher
Analysis
Price Impact
LowThe article focuses on the performance of the coindesk 20 index and highlights tao and xrp as top performers within that specific index. while positive for these coins individually, it doesn't represent a broad market-moving event for them.
Trustworthiness
HighPrice Direction
BullishBoth tao and xrp are reported as leading the coindesk 20 index higher with positive gains. this indicates short-term bullish sentiment for these specific assets.
Time Effect
ShortThis is a daily performance update. the impact of such a report is typically short-lived, influencing intraday trading rather than long-term price trends.
Original Article:
Article Content:
CoinDesk Indices Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email CoinDesk 20 performance update: Bittensor (TAO) rises 1.7%, leading index higher Ripple (XRP) gained 1.6%, joining Bittensor (TAO) as a top performer. By CoinDesk Indices May 14, 2026, 1:27 p.m. 1 min read Make preferred on C oinDesk 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 2169.26, up 0.4% (+8.61) since 4 p.m. ET on Wednesday. Thirteen of 20 assets are trading higher. Leaders: TAO (+1.7%) and XRP (+1.6%). Laggards: ICP (-5.2%) and NEAR (-1.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. CoinDesk Indices CoinDesk 20 charts Prices More For You Crypto Long & Short: Bitcoin vs. gold: 26% relative undervaluation By Dovile Silenskyte , Joshua de Vos , Francisco Rodrigues | Edited by Alexandra Levis 21 hours ago In this week’s Crypto Long & Short Newsletter, Dovile Silenskyte provides an alternative to the “bitcoin as a risk asset” narrative. Then, Joshua de Vos shares insights and analysis on global exchanges. What to know : You're reading Crypto Long & Short , our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday. Read full story Latest Crypto News Turnkey raises $12.5 million in round backed by Circle Ventures and Sequoia Capital 28 minutes ago Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets 28 minutes ago BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility 28 minutes ago Coinbase backs Hyperliquid stablecoin push as DeFi trading volumes climb 1 hour ago Strive’s SATA to become first U.S. listed security to pay daily cash dividends 1 hour ago Bank of England ready to water down 'overly conservative' stablecoin proposals: FT 1 hour ago Top Stories Cerebras, OpenAI, SpaceX: The IPO pipeline that could drain crypto 2 hours ago Clarity Act amendments would remake key parts of crypto bill but have doubtful future 22 hours ago Solana drops 5%, bitcoin below $80,000 as Xi warns Trump on Taiwan conflict 8 hours ago Bullish misses first-quarter revenue estimates on weaker crypto trading activity 2 hours ago Clarity Act markup leaves bitcoin unstirred 2 hours ago Moody’s assigns Aaa-mf assessments to Fidelity and BlackRock tokenized money market funds 4 hours ago