CoinDesk 20 Performance Update: Index Drops 4.7% Over Weekend as All Assets Decline
The CoinDesk 20 index experienced a decline of 4.7% over the weekend, closing at 3068.55. This marks a drop of 151.33 since Friday at 4 p.m. ET. All twenty assets within the index saw declines, with Avalanche (AVAX) falling the most at 8.6%, while Uniswap (UNI) followed closely with an 8.5% drop. Bitcoin (BTC) also registered a decrease of 1.2%, and XRP was down 4.5%. Despite the overall decline, none of the assets are trading higher, reflecting a bearish sentiment in the market. CoinDesk provides daily market updates to highlight the performance of leaders and laggards within the cryptocurrency space.
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