Crypto Bloodbath: Bitcoin (BTC) Leads 1.3% Market Drop as CoinDesk 20 Assets Tumble
Crypto markets caught a red wave today—no asset was spared.
Bitcoin bled 1.3%, dragging the entire CoinDesk 20 index into the red. The 'digital gold' narrative got a reality check as traders scrambled for exits. Even stablecoins seemed to sweat (figuratively, of course—those pegs better hold).
Meanwhile, Wall Street's algo-traders probably 'hedged' by shorting grandma's retirement fund instead.
This ain't your 2021 bull run—welcome to crypto's 'find out' phase.

Leaders: BTC (-1.3%) and BCH (-1.4%).
Laggards: SUI (-5.2%) and NEAR (-4.5%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.