CoinDesk 20 performance update: AAVE gains 10.1% as index rises

The CoinDesk 20 index rose 2.7% as most assets in the index traded higher, led by gains in AAVE and BCH. The market remains focused on macroeconomic indicators like PCE inflation and ongoing developments in crypto derivatives.
Why it matters
Tracking index performance provides insight into broader market sentiment and institutional interest in digital assets.
The CoinDesk 20 is currently trading at 1646.0, up 2.7% (+42.96) since 4 p.m. ET on Wednesday.
The article provides market data and industry news without taking a stance on the value or legitimacy of crypto assets.
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