![CoinDesk Market Index Q2 Review: Quiet Appreciation, Regulatory Uncertainty CoinDesk Market Index Q2 Review: Quiet Appreciation, Regulatory Uncertainty](https://btcusa.com/wp-content/uploads/2023/07/CoinDesk-Market-Index-Q2-Review-Quiet-Appreciation-Regulatory-Uncertainty-678x381.jpg)
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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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