The CoinDesk 20 index declined by 3.2% as all assets traded lower on May 23, 2025. Sui (SUI) and NEAR Protocol (NEAR) were the significant laggards, dropping 6.8% and 5.8% respectively, contributing to the index's overall decrease. The CoinDesk 20 index is now at 3,239.11, down 107.44 points since Thursday at 4 p.m. ET. In contrast, the leaders in the index, SOL and BCH, saw minor declines of 1.1% and 1.8%. None of the 20 assets listed in the index recorded a gain, illustrating a bearish market trend. The report indicates a broad-based selling across various cryptocurrency assets, reflecting a continuing negative sentiment in the market.
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