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Crypto Bloodbath: CoinDesk 20 Plunges 2.6% as Bears Maul Every Asset

Crypto Bloodbath: CoinDesk 20 Plunges 2.6% as Bears Maul Every Asset

Author:
Coindesk
Published:
2025-06-02 13:12:10
5
2

No safe havens here—the entire index got dragged down like a bag holder in a leverage liquidation. Even the ’blue chips’ bled out alongside the rest.

Wall Street analysts will no doubt spin this as ’healthy consolidation’ while quietly dumping their own bags. Remember kids: in crypto, the only free lunch is the one you take from retail.

9am CoinDesk 20 Update for 2025-06-02: full chart

Leaders: BTC (-0.6%) and POL (-0.6%).
Laggards: ADA (-5.9%) and APT (-5.6%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

|Square

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