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The Coinbase 50 Index, a key measure of the largest digital assets, has expanded. While Bitcoin and Ethereum still dominate the index, new additions include altcoins Axie Infinity (AXS), Blur (BLUR), JasmyCoin (JASMY), Kusama (KSM), and MultiversX (EGLD), that have joined the rally.
This expansion highlights the growing interest in a wider range of assets, providing investors with more exposure to diverse crypto projects. The updated index reflects current market trends.
According to Colin Wu, a Chinese reporter, Bitcoin (BTC) remains the highest-weighted asset in the Coinbase 50 Index, holding a 47.50% weight. Ethereum (ETH) ranks second, with a 22.99% weight.
These two cryptocurrencies continue to drive overall market performance. As the primary players, Bitcoin and Ethereum’ price movements significantly impact the index.
The post Coinbase 50 Index Expands With Altcoins, BTC & ETH Still Dominate appeared first on Coin Edition.
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