Bitcoin Above $70k Driving CoinDesk 20 Index Gains

The CoinDesk 20 Index (CD20) tracked a decline of 1.3% over the past week, but the index was bolstered by a 1.3% gain in Bitcoin (BTC), which briefly surpassed $70,000. Despite the overall CD20 decline, Cardano (ADA) also experienced a modest increase of 0.8%.Uniswap (UNI), on the other hand, led the index's losses with a 14% drop due to a postponed governance vote on token holder rewards. The CoinDesk Market Index (CMI), which covers a wider range of digital assets, comprises approximately 180 tokens and seven crypto sectors and also experienced a decline over the past week.