Litecoin’s 8.5% Surge Propels CoinDesk 20 Index Higher After Wednesday

Market Movers: Litecoin and Hedera Lead Gains While Polkadot and Cardano Slip

CoinDesk Indices shares its latest market snapshot, detailing the movers and shakers in the CoinDesk 20 Index.

As of 9 a.m. ET on November 14, 2024, the index climbed to 2674.44, reflecting a 1.2% increase (+31.79) from Wednesday’s close at 4 p.m. ET.

Key Performers

• Leading Gainers:
  • Litecoin (LTC): Surged 8.5%, outperforming its peers.
  • Hedera (HBAR): Added 6.0%, continuing its strong performance.
• Biggest Declines:
  • Polkadot (DOT): Fell 1.9%, leading the laggards.
  • Cardano (ADA): Dropped 1.0%, extending recent losses.

Market Sentiment

• Positive Momentum: Over half of the assets in the CoinDesk 20 recorded gains, driving the index to a fresh multi-day high.
• Global Perspective: The CoinDesk 20 Index captures a broad snapshot of the market, encompassing assets traded on platforms worldwide.

Keep following for real-time updates as the crypto market reshapes its dynamics.