CoinDesk 20 Plunges 2%: Nearly All Crypto Giants Bleed Red in Market Rout

Digital assets took a beating as the flagship index stumbled—only one constituent escaped the bloodbath.

Market Meltdown

The CoinDesk 20 got hammered, shedding a full 2% in a brutal session that saw 19 of its 20 components trading lower. No safe havens here—even the usual stalwarts got caught in the crossfire.

Universal Pressure

From Bitcoin to altcoins, the selling pressure was relentless. Trading volumes spiked as panic set in, proving once again that crypto markets move faster than traditional finance can even process the paperwork.

Just another day in the most efficient—and ruthless—market on the planet. Where else can you lose 2% before your morning coffee gets cold?

Leaders: NEAR (+0.1%) and AVAX (-1.0%)

Laggards: SUI (-5.6%) and BCH (-4.7%).

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