What Are Crypto Indexes (Indices)

Crypto indexes are a way to track the performance of a basket of cryptocurrencies. They work by holding a selection of cryptocurrencies in a certain proportion. Then the value of the index is calculated based on the combined value of the cryptocurrencies in the basket. The value of the index will go up or down depending on the value of the individual cryptocurrencies in the basket. This allows investors to gain exposure to the overall performance of the crypto market…