CoinDesk 20 Plunges 5.4%: Every Single Constituent Bleeds Red

The crypto market just took a collective gut punch—CoinDesk's flagship index nosedived 5.4% in a brutal session that left no survivors.

Universal Red Ink

Not a single token escaped the sell-off. From Bitcoin to the smallest altcoin in the basket, every component traded lower—a rare display of market-wide capitulation that suggests deeper structural pressures.

Traders Hit the Exits

The synchronized decline points to broad risk-off sentiment sweeping through digital assets. No safe havens emerged as liquidity evaporated across the board, triggering automated sell orders that amplified the downward spiral.

Wall Street's crypto wizards probably saw this coming—right after they finished predicting the opposite. Sometimes even algorithms need a bear market to remind them that gravity still applies.

Leaders: BTC (-2.3%) and BCH (-5.1%).

Laggards: UNI (-10.4%) and AAVE (-10.4%).

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