The crypto market opened Sept. 5 with broad-based gains: the CoinDesk 20 index climbed to 4,081.41, up 3.0% since 4 p.m. ET on Thursday. Market breadth was notable — all 20 assets in the index traded higher during the session.
Leading the advance were SUI and Filecoin (FIL). SUI jumped 5.0%, while FIL rose about 4.5%. Those moves outpaced most large- and mid-cap tokens and helped push the overall index higher.
Even the session’s laggards posted gains: AAVE was up roughly 1.1% and XRP climbed about 2.3%. That pattern — modest leadership from select altcoins while the rest of the pack follows — often signals short-term risk-on sentiment rather than a sustained regime change.
What this means for traders and observers: the market is showing healthy breadth today, but the gains are concentrated and may be driven by local factors such as protocol-specific news, liquidity flows or short-term positioning. Watch on-chain activity and volume for confirmation before assuming momentum will continue.
Risk note: cryptocurrency markets remain volatile. Short-term price moves can reverse quickly; this update is informational and not investment advice.
Source: CoinDesk Indices. Read the original coverage for full details.
