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NEAR Takes a 5.7% Nosedive as CoinDesk 20 Index Stumbles—Another Day in Crypto Wonderland

NEAR Takes a 5.7% Nosedive as CoinDesk 20 Index Stumbles—Another Day in Crypto Wonderland

Author:
CoindeskEN
Published:
2025-05-15 13:23:16
12
1

Crypto’s ’blue-chip’ index catches a bearish wave—because what’s volatility if not a feature, not a bug?

NEAR Protocol leads the losers’ parade with a 5.7% haircut, proving once again that even layer-1 darling status won’t save you from market gravity. Meanwhile, the CoinDesk 20 slips further from Wednesday’s levels, because apparently ’decentralized’ also applies to price trajectories.

Bonus cynicism: Traders clinging to ’fundamentals’ might as well be reading tea leaves—this is crypto, where the only technical analysis that matters is whether Elon Musk tweeted a meme recently.

9am CoinDesk 20 Update for 2025-05-15: full chart

Leaders: BTC (-0.9%) and LTC (-1.8%).

Laggards: NEAR (-5.7%) and POL (-5.6%).

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

|Square

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