CoinDesk 20 performance update: Bittensor (TAO) drops 4%, leading index lower
The CoinDesk 20 Index has seen a decline, with Bittensor (TAO) dropping 4%. Internet Computer (ICP) also underperformed, falling by 3.8%. Despite the overall downturn, a few assets like NEAR and HBAR showed slight gains.
- ▪The CoinDesk 20 Index is currently trading at 1975.1, down 0.8% since the previous close.
- ▪Bittensor (TAO) led the decline with a 4% drop.
- ▪Internet Computer (ICP) also fell by 3.8%, contributing to the index's lower performance.
- ▪Only three of the 20 assets in the index are trading higher, with NEAR up 1% and HBAR up 0.5%.
- ▪The CoinDesk 20 is a broad-based index traded on multiple platforms globally.
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| Original publisher | CoinDesk |
| Canonical URL | https://www.coindesk.com/coindesk-indices/2026/05/29/coindesk-20-performance-update-bittensor-tao-drops-4-leading-index-lower |
| Publication time | Fri, 29 May 2026 13:15:09 +0000 |
| Retrieval time | 2026-05-29T13:20:00.413Z |
| Last seen | 2026-05-29T13:20:00.413Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | wCzyoWAlUVvF |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
CoinDesk IndicesShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCoinDesk 20 performance update: Bittensor (TAO) drops 4%, leading index lower Internet Computer (ICP), down 3.8%, was also an underperformer.By CoinDesk Indices May 29, 2026, 1:15 p.m. 1 min readMake preferred on CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1975.1, down 0.8% (-14.99) since 4 p.m.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CoinDesk.