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CoinDesk 20 Performance Update: Uniswap (UNI) Drops 7% as All Constituents Decline

In the recent CoinDesk 20 Performance Update, Uniswap (UNI) experienced a significant decline, dropping by 7%. This downturn is part of a wider trend, as all constituents of the CoinDesk 20 index have also seen declines. NEAR Protocol (NEAR) was notably an underperformer, falling 6.4%. The overall performance of the CoinDesk 20 index reflects a trading value of 3615.74, marking a decrease of 2.6% since the last update. As of now, none of the 20 assets within the index are trading higher, with HBAR and Bitcoin Cash (BCH) showing the smallest declines at -0.6% and -0.7%, respectively. This update highlights the current volatility and challenges within the crypto market, wherein fluctuations in asset values have become more common amidst ongoing market uncertainties.

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Ark Invest's Cathie Wood Slashes Bitcoin Price Target Over Growing Stablecoin Mania

Cathie Wood, CEO of Ark Invest, has revised her Bitcoin price target for 2030 down from $1.5 million to $1.2 million, citing rapid growth in stablecoin adoption. She noted that stablecoins, which are gaining traction among banks and corporations for payments, are encroaching on the role Bitcoin was

Ark Invest's Cathie Wood Slashes Bitcoin Price Target Over Growing Stablecoin Mania

Cathie Wood, CEO of Ark Invest, has revised her Bitcoin price forecast from $1.5 million to $1.2 million by 2030, attributing the change to the rapid adoption of stablecoins. In a recent interview, Wood noted that stablecoins are increasingly being utilized for payments, thereby fulfilling roles that Bitcoin

Ark Invest's Cathie Wood Slashes Bitcoin Price Target Over Growing Stablecoin Mania

Cathie Wood, CEO of Ark Invest, has revised her bullish Bitcoin price forecast from $1.5 million to $1.2 million by 2030. This change is attributed to the rapid growth of stablecoin adoption, which is increasingly being used for payments rather than Bitcoin. Wood noted that while Bitcoin still

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