The Future Coin

Bitcoin

$36,530.01

BTC -5.56%

Ethereum

$1,174.24

ETH -3.61%

XRP

$0.28

XRP -5.47%

Litecoin

$143.14

LTC -4.68%

EOS

$2.76

EOS -0.68%

  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases
No Result
View All Result
The Future Coin
No Result
View All Result
Home Ethereum News

Ethereum Index emerges top performer with 14.7% returns

by The Future Coin
June 2, 2020
in Ethereum News
0
Ethereum Index emerges top performer with 14.7% returns
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

As May concluded, the cryptocurrency market took a sigh of relief as it was able to close on a positive note. The fifth month of the year saw volatility creep back into the market, contributing to drastic changes in the trading activities of the industry’s users. Similarly, the sudden push in Bitcoin’s price provided a much-needed pump to the altcoin markets too.

Bitcoin, while it was returning 16.16% before May, was returning 26.52% by the end of May. Similarly, the world’s second-largest cryptocurrency, Ethereum [ETH], reported a YTD of 72.94%.

This growth of Bitcoin and altcoins was visible in CoinMetrics’ Bletchley Index too. According to CoinMetrics’ latest report, the last week of May saw recovery from most CMBI and Bletchley indexes. However, the top performer was still the CMBI Etheruem Index, having fallen by just 1% last week. It was returning 14.7%, while the CMBI Bitcoin Index reported a growth of 5.7%, after noting a loss of -7.8% the previous week.

Similarly, all other indexes like Bletchley 10, 20, and 40 were in the negative over the previous week, but managed to climb up this week to report 9.2%, 9.3%, and 10.6% in growth, respectively.

According to the previous indication, the weekly returns denominated in BTC, Ethereum were still the leader, and this week too, ETH returned 8.6% when denominated in BTC. While the market’s major cryptos were set on a recovery path, its small-cap assets also noted restricted growth. The B10 assets were at a loss of 0.8% last week; however, this week, the index returned 3.3%. Small-cap assets like B40, which were returning almost 7% last week, noted a slowdown and were returning 4.6%.

Despite such restricted growth, however, all of the Bletchley indexes noted returns between 9% and 11%, indicating uniform strength of the market across all large, mid, and small-cap assets.

As Bitcoin’s price surged at the beginning of June itself, the other assets’ caps may also reflect this positive surge in the next week’s index with higher returns.

Your feedback is important to us!

Source link

EDITOR’S CHOICE

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

Bitcoin bulls buy BTC’s $35K support retest as altcoins push higher

Nornickel joins blockchain network for responsible minerals sourcing

Rising Case Numbers Raise Potential For Additional LA County Business Closures – NBC Los Angeles

Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

Litecoin On Bearish Momentum: 7.06% Down In The Last 24 Hours

Best Pick For You

News

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business News
  • Ethereum News
  • Litecoin News
  • Ripple News

Features

  • Market Analysis
  • Opinion
  • Explained
  • Policy & Regulations
  • Top Cryptocurrencies
  • Technology News

Market Tools

  • Market News
  • Price Indexes
  • Bitcoin Price Index
  • Ethereum Price Index
  • Bitcoin Cash Price Index
  • Litecoin Price Index
  • Monero Price Index
  • HeatmapPartner

Cryptopedia

  • Explained
  • Bitcoin101
  • Bitcoin Cash101
  • Ethereum101
  • ICO101
  • Ripple101

© 2020 Coingraph

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases

© 2020 Coingraph

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
bitcoin
Bitcoin (BTC) $ 36,299.00
ethereum
Ethereum (ETH) $ 1,165.81
tether
Tether (USDT) $ 0.999383
polkadot
Polkadot (DOT) $ 14.34
ripple
XRP (XRP) $ 0.280065
litecoin
Litecoin (LTC) $ 142.42
cardano
Cardano (ADA) $ 0.304480
bitcoin-cash
Bitcoin Cash (BCH) $ 480.25
chainlink
Chainlink (LINK) $ 21.97
stellar
Stellar (XLM) $ 0.282428
binancecoin
Binance Coin (BNB) $ 41.23
usd-coin
USD Coin (USDC) $ 0.999865
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 36,380.00
bitcoin-cash-sv
Bitcoin SV (BSV) $ 204.90
monero
Monero (XMR) $ 156.48
eos
EOS (EOS) $ 2.73
havven
Synthetix Network Token (SNX) $ 15.33
tron
TRON (TRX) $ 0.029655
aave
Aave (AAVE) $ 173.56
tezos
Tezos (XTZ) $ 2.77
theta-token
Theta Network (THETA) $ 2.02
nem
NEM (XEM) $ 0.211991
cosmos
Cosmos (ATOM) $ 7.81
celsius-degree-token
Celsius Network (CEL) $ 4.77
okb
OKB (OKB) $ 6.15
vechain
VeChain (VET) $ 0.025569
crypto-com-chain
Crypto.com Coin (CRO) $ 0.072443
neo
NEO (NEO) $ 23.21
uniswap
Uniswap (UNI) $ 7.26
compound-usd-coin
cUSDC (CUSDC) $ 0.021798
compound-ether
cETH (CETH) $ 23.40
dai
Dai (DAI) $ 1.00
maker
Maker (MKR) $ 1,483.04
leo-token
LEO Token (LEO) $ 1.33
dash
Dash (DASH) $ 123.04
iota
IOTA (MIOTA) $ 0.439571
dogecoin
Dogecoin (DOGE) $ 0.009260
binance-usd
Binance USD (BUSD) $ 1.00
zcash
Zcash (ZEC) $ 104.78
huobi-token
Huobi Token (HT) $ 5.05
filecoin
Filecoin (FIL) $ 21.77
yearn-finance
yearn.finance (YFI) $ 31,043.00
solana
Solana (SOL) $ 3.40
ethereum-classic
Ethereum Classic (ETC) $ 7.54
compound-governance-token
Compound (COMP) $ 206.21
ftx-token
FTX Token (FTT) $ 9.16
sushi
Sushi (SUSHI) $ 6.19
zilliqa
Zilliqa (ZIL) $ 0.066824
cdai
cDAI (CDAI) $ 0.020976
decred
Decred (DCR) $ 58.91