Coinbase 50 Index Expands With Altcoins, BTC & ETH Still Dominate
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- Bitcoin and Ethereum dominate Coinbase 50 Index, with significant market weight.
- New index additions like AXS, JASMY show strong growth, attracting investor interest.
- Altcoins like XRP, Solana, and Dogecoin display varied price movements and trends.
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.
Bitcoin and Ethereum Still Dominate
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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