Avalanche AVAX Price Surges 8.9% as CoinDesk 20 Index Rises - Market Update

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Avalanche AVAX Price Surges 8.9% as CoinDesk 20 Index Rises - Market Update

CoinDesk Indices has released its latest daily market analysis, showcasing the top performers and underperformers within the CoinDesk 20 Index.

The index is currently valued at 4062.43, marking a 1.1% increase (+45.95) since Monday at 4 p.m. ET.

Market data reveals that 19 out of the 20 assets in the index are experiencing positive momentum.

Top Gainers: Avalanche (AVAX) led the rally with an impressive 8.9% surge, followed by NEAR Protocol (NEAR) which gained 5.9%.

Top Decliners: Bitcoin Cash (BCH) saw a slight decrease of 0.2%, while Bitcoin (BTC) recorded a modest 0.6% gain.

The CoinDesk 20 is a widely recognized benchmark index that is traded on various platforms across global markets.

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