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CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher

CoinDesk
The CoinDesk 20 index rose 1.0%, led by Avalanche (AVAX) with a 4% gain and Hedera (HBAR) with a 3.6% increase.

Summary

The CoinDesk 20 Index experienced a 1.0% increase, closing at 1968.28, with 18 out of 20 assets showing positive movement. Avalanche (AVAX) led the gains with a 4.0% increase, followed by Hedera (HBAR) at 3.6%. Bitcoin Cash (BCH) and BNB were the laggards, declining by 2.1% and remaining flat, respectively. A CoinDesk Research report also highlighted the weakening of most crypto privacy models as blockchain data grows, with encryption-based models like Zcash showing more resilience.

(Source:CoinDesk)