CoinDesk 20 Rips 6.2% Higher as Crypto Rally Goes Broad-Based

BTCC / BTCC Square / Coindesk /

Author:

Release Time:

2025-05-08 13:13:37

Every asset in the index flashed green this week—no thanks to the Fed’s ’careful monitoring’ of our fun.

No losers, just latecomers: From Bitcoin to the smallest alt, the entire basket caught bids as institutional FOMO overpowered trader skepticism.

When correlation = 1.0: Even the usual laggard tokens joined the party, proving that when liquidity floods in, Wall Street’s ’diversification’ theories get flushed out.

Another day, another ATH for crypto’s blue chips—while traditional finance still debates if blockchain is ’more than just a spreadsheet.’

9am CoinDesk 20 Update for 2025-05-08: full chart

Leaders: sui (+16.4%) and BCH (+15.6%)

Laggards: BTC (+3.3%) and LTC (+4.5%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

By:

Log in to Reply

Pump.Fun’s Dirty Secret: 98% of Tokens Were Rug Pulls or Scams, Report Reveals

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.