As of April 16, 2025, the CoinDesk 20 index revealed that Avalanche (AVAX) and Bitcoin Cash (BCH) have both seen a decline of 2.1%. Generally, most cryptocurrency assets traded lower, with the CoinDesk 20 index dropping to 2428.16, reflecting a 1.0% decrease since 4 PM ET on the previous day. This performance update highlights the ongoing bearish trend in the market, signaling a challenging environment for numerous assets. The only leaders in the index were AAVE, which experienced a slight increase of 0.2%, and Bitcoin (BTC), which was down by only 0.1%. The update captures the prevailing sentiment in the market, which appears to be dominated by a downward trend.
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