The CoinDesk 20 Index, a broad-based index traded globally, has experienced a significant drop, now standing at 3298.7. This represents a decline of 2.2% or 74.23 points since 4 p.m. ET on Wednesday. Among the index’s components, RENDER and ICP were the biggest losers, each falling by 5.1%. The index, which reflects the performance of various digital assets, is managed by CoinDesk Indices, ensuring high standards of systematic trading akin to traditional finance. Tracy Stephens, the Senior Index Manager at CoinDesk Indices, brings her expertise from her previous roles at Alliance Bernstein and Citibank, where she developed macro-trading strategies. She holds a Bachelor’s degree in Math from Barnard College and a Master’s in Data Science from UC Berkeley.
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