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Cryptocurrency market sees slight uptick, driven by modest Bittensor gain of 1.7%

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Cryptocurrency market sees slight uptick, driven by modest Bittensor gain of 1.7%

In its latest daily market analysis, CoinDesk Indices sheds light on the top gainers and losers within the CoinDesk 20 Index, a widely-tracked benchmark. As of the latest reading, the index has climbed to 2169.26, reflecting a modest increase of 0.4%, equivalent to a gain of 8.61, compared to its level at 4 p.m. ET on Wednesday. A majority of the index's constituents, 13 out of 20 assets, are posting gains. Notably, TAO and XRP are emerging as the strongest performers, with rises of 1.7% and 1.6%, respectively. On the opposite end of the spectrum, ICP and NEAR are trailing behind, with declines of 5.2% and 1.7%, respectively. The CoinDesk 20 Index is a diversified market gauge that is widely available across various trading platforms spanning multiple geographic regions.

Cryptocurrency market sees slight uptick, driven by modest Bittensor gain of 1.7%