CoinDesk Market Index Q2 Review: Quiet Appreciation, Regulatory Uncertainty

It’s been a bit of a choppy ride for the cryptocurrency market this past quarter, coming off a strong first quarter. Over the past three months, the CoinDesk Market Index (CMI), which spans over 90% of the crypto market capitalization, appreciated 2.2%, while both bitcoin (BTC) and ether (ETH) outperformed the broad benchmark, posted a gain of 7%, and 5.2%, respectively.

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