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Crypto Bloodbath: CoinDesk 20 Plunges 4.7% as Weekend Sell-Off Hammers Every Asset
Crypto Bloodbath: CoinDesk 20 Plunges 4.7% as Weekend Sell-Off Hammers Every Asset
19
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No safe havens here—the entire index got dragged down like a bag of overleveraged DeFi tokens. Even Bitcoin couldn’t escape the carnage.
Wall Street’s ’risk-off’ mood hits crypto (again): Traders flee to... wait, where exactly are they fleeing to these days? Gold? T-bills? Meme stocks? Good luck with that.
Silver lining? This dip just created the perfect ’buy the fear’ setup for degenerates who still believe in ’number go up’ theology.
Leaders: BTC (-1.2%) and XRP (-4.5%)
Laggards: AVAX (-8.6%) and UNI (-8.5%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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