CoinDesk 20 Performance Update: Chainlink Plunges 4.3% Amid Broad Crypto Market Selloff

Bloodbath on the Blockchain: Major Cryptos Get Hammered

Red Across the Board

Chainlink leads the carnage with a brutal 4.3% haircut—joining nearly every other asset in the CoinDesk 20 in the red. No safe havens here, just digital assets getting tossed like yesterday's NFT projects.

The usual suspects—Bitcoin and Ethereum—didn't escape the massacre either, proving once again that correlation spikes when fear hits the market. Traders scrambling for exits created the kind of volume that would make a Wall Street quant blush.

Market analysts point to macro pressures, but let's be real—crypto moves on vibes and leverage, not fundamentals. Another day, another 'healthy correction' that somehow always benefits the whales.

Remember: in crypto, the only thing that drops faster than prices are your favorite influencer's credibility during a downturn.

Leaders: ADA (+1.0%) and BCH (-0.3%).

Laggards: LINK (-4.3%) and APT (-3.2%).

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