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Index

Bitcoin, crypto, Ethereum, Index, Markets, MI Exclusive, S&P Dow Jones

A new index tracking the performance of 240 digital currencies will let investors take the temperature of the crypto market

In this photo illustration, a smartphone displays the Tether market value on the stock exchange via The Crypto App. Photo Illustration by Guillaume Payen/SOPA Images/LightRocket via Getty Images An index from S&P Dow Jones launched on Tuesday aims to give investors a snapshot of the overall crypto market. The index will be top-heavy: bitcoin and ethereum currently make up 62.8% of the crypto market. The broader crypto market has tended to move in tandem with the big two mega-cap coins, according to Insider's analysis of the S&P crypto indices. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. An index from S&P Dow Jones launched on Tuesday aims to give investors a unified snapshot of the overall crypto market as institutional players grow more curious abou...