CoinDesk 20 Bloodbath: Uniswap Plunges 8.2% as Crypto Market Reels
Crypto's so-called 'blue chips' got wrecked today—no safe havens here.
DeFi darling Uniswap leads the dump
The token bled out alongside nearly every major asset, proving once again that 'diversification' in crypto just means choosing which bag to hold during the fire sale.
No mercy for the bulls
Even the CoinDesk 20—curated to showcase 'quality' projects—couldn't escape the carnage. Traders are left wondering if this is another fakeout or the start of Wall Street's favorite game: shakeout bingo.
Remember folks: in crypto, 'long-term hold' is just what bagholders call their coping mechanism.
Leaders: ADA (+5.3%) and SOL (-1.6%).
Laggards: UNI (-8.2%) and XLM (-6.0%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
