bitcoin
Bitcoin (BTC) $ 27,883.47
ethereum
Ethereum (ETH) $ 1,790.30
tether
Tether (USDT) $ 1.01
bnb
BNB (BNB) $ 328.35
usd-coin
USD Coin (USDC) $ 1.01
xrp
XRP (XRP) $ 0.464756
binance-usd
Binance USD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.075494
cardano
Cardano (ADA) $ 0.361733
solana
Solana (SOL) $ 21.03
matic-network
Polygon (MATIC) $ 1.11
polkadot
Polkadot (DOT) $ 6.09
tron
TRON (TRX) $ 0.064692
bitcoin
Bitcoin (BTC) $ 27,883.47
ethereum
Ethereum (ETH) $ 1,790.30
tether
Tether (USDT) $ 1.01
bnb
BNB (BNB) $ 328.35
usd-coin
USD Coin (USDC) $ 1.01
xrp
XRP (XRP) $ 0.464756
binance-usd
Binance USD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.075494
cardano
Cardano (ADA) $ 0.361733
solana
Solana (SOL) $ 21.03
matic-network
Polygon (MATIC) $ 1.11
polkadot
Polkadot (DOT) $ 6.09
tron
TRON (TRX) $ 0.064692
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Chicago
HomeCoinsBitcoinNasdaq Crypto Index rose 37.2% in January – amid bullish market sentiment

Nasdaq Crypto Index rose 37.2% in January – amid bullish market sentiment

In an indication of the altering market sentiments, the Nasdaq Crypto Index (NCI) booked month-to-month returns of 37.2% in January — the third-highest month-to-month return since NCI’s inception in Might 2020.

The crypto market has been shrugging off the bearish sentiment over the previous month, because the Bitcoin Concern and Greed Index moved from worry to greed after 10 months.

The value of Bitcoin (BTC) noticed its finest month since October 2021 because it elevated 39.4% final month — the biggest cryptocurrency noticed its finest January since 2013.

NCI, which was developed by Nasdaq in partnership with Hashdex, features a various basket of digital belongings that present an trade benchmark past the value of simply BTC. As of June 2022, the basket contained BTC, Ethereum (ETH), Litecoin (LTC), Polkadot (DOT), Bitcoin Money (BCH), Uniswap (UNI), amongst others.

Samir Kerbage, chief expertise and product officer at Hashdex advised CryptoSlate:

“Whereas the present macro surroundings will proceed to current challenges for crypto and different danger belongings, the robust efficiency of the NCI is a transparent signal buyers proceed to see the long-term worth in essentially the most disruptive and mature crypto belongings.”

CoinsTeacher

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