CoinDesk 20 Update: Bitcoin Flat as NEAR and AVAX Lead Altcoin Gains
The CoinDesk 20 is a market index tracking the performance of 20 leading digital assets, providing a benchmark for comparing capital flows into Bitcoin and major altcoins. Bitcoin has traded steadily in recent sessions, but funds have shifted toward tokens including NEAR and Avalanche, signaling a recovery in risk appetite. The architecture of privacy coin Zcash has also drawn renewed attention as AI becomes increasingly capable of analyzing data.
The latest data showed the CoinDesk 20 edging higher, with NEAR Protocol (NEAR) up 5.8% and Avalanche (AVAX) gaining 3.6%, while Bitcoin (BTC) was broadly flat. In a subsequent weekend update, NEAR extended its gain to 8.1%. As of publication, the related reports had not provided an exact index level, trading value or date.
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The history behind this eventCoinDesk 20 Rises 6.7% as NEAR and TAO Lead Gains
The CoinDesk 20 is a broad digital asset index compiled by CoinDesk Indices. It covers 20 major crypto assets and serves as a trading benchmark across multiple regions and platforms worldwide. Unlike the performance of a single token, the index offers a broader view of market flows. The latest gains were nearly across the board, indicating that the rebound was not confined to a handful of large tokens.
CoinDesk Indices said on June 8, 2026, that the CoinDesk 20 stood at 1,715.91, up 107.11 points, or 6.7%, from 4 p.m. ET on June 5. Nineteen of the 20 assets traded higher. NEAR led with a 12.3% gain, followed by TAO at 12.0%. BCH fell 3.2%, while AVAX rose just 1.1%.
CoinDesk 20 Rises 2.5% as NEAR and ICP Lead Gains
The CoinDesk 20 is a crypto-asset benchmark compiled by CoinDesk Indices. It tracks 20 major assets, including BTC, ETH, Near Protocol (NEAR) and Internet Computer (ICP). Its performance offers a gauge of broader market flows and the divergence between large-cap cryptocurrencies and other tokens.
All 20 constituents rose during a session in which the index gained 2.5% to 2,210.86. NEAR climbed 16% and ICP advanced 10.4%, both markedly outperforming BTC and ETH. A later CoinDesk update showed the index trading flat while NEAR extended its gain to 19.4%. The data did not specify an exact date or monetary amounts.
CoinDesk 20 Trades Flat as Avalanche (AVAX) Gains 2%
The CoinDesk 20 Index, compiled by CoinDesk Indices, tracks 20 major digital assets and is traded across multiple regions and platforms worldwide, providing a gauge of the broader direction of large-cap crypto assets. A token’s marked outperformance or underperformance against the index can signal capital rotation and shifts in risk appetite, making AVAX’s relative strength noteworthy.
On March 9, 2026, the CoinDesk 20 stood at 1,948.46, up 0.1%, or 2.05 points, from 4 p.m. ET on March 6. Nine of its 20 assets rose, with AVAX gaining 2.0% and ICP adding 1.4%. The index climbed further to 1,968.28 on April 1, up 1.0% on the day, while AVAX’s gain widened to 4.0%.
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