According to CoinDesk, the CoinDesk 20 Index experienced a downturn, with all 20 assets trading lower. As of the latest update, the index stands at 2010.38, reflecting a decrease of 1.7% or 33.98 points since 4 pm ET last Friday. This decline highlights a challenging period for the assets included in the index.
Among the assets, Bitcoin (BTC) and XRP showed relatively smaller declines, with BTC down by 0.1% and XRP by 0.6%. These assets, while still in the negative, performed better compared to others in the index. On the other hand, UNI and APT were the most affected, with UNI dropping by 8.6% and APT by 7.6%, marking them as the laggards in this trading period.
The CoinDesk 20 Index is a comprehensive index that is traded on various platforms across multiple regions worldwide. It serves as a broad-based indicator of the cryptocurrency market's performance, reflecting the movements and trends of the leading digital assets. The recent decline across all assets in the index underscores the volatility and challenges present in the current market environment.