I've been keeping an eye on the overall crypto market on coinmarketcap.com given all the FUD (fear, uncertainty, doubt) that people have been spewing lately about BIP148 and SegWit2x - and the risk of a Bitcoin hard fork (I think the risks are overblown and the market will go higher). Anyway, looks like things are turning around as of writing this story. I didn't understand why the alt-coins were being hammered just because of news surrounding bitcoin.
I just stumbled upon a cryptocurrency market index called NDX (probably pronounced "index"). Sounds like a perfect way to diversify risk by investing in the top 30 ranked cryptos by market cap. 1 NDX = $134.68 USD = 0.0579684 BTC as of writing this story. I went ahead and bought a few tokens. I'm surprised there aren't more options out there like this to invest in the overall crypto market.
Traditional markets have the Dow Jones and S&P 500. It's about time we had an index for cryptos!
