- The CoinDesk 20 Index dropped 4.4% to 3,027.78 since 4 p.m. ET on Thursday.
- All 20 digital assets in the index are trading lower.
- Bitcoin (BTC) and XRP showed the smallest losses among major coins.
- Sui (SUI) and Near Protocol (NEAR) posted the biggest declines in the index.
- The CoinDesk 20 tracks leading cryptocurrencies across multiple platforms around the world.
The CoinDesk 20 Index, a widely followed measure of digital asset performance, fell by 4.4% to 3,027.78 as of 9 a.m. ET on Friday. The latest figures show a broad decline across all assets included in the index.
According to data released Friday, none of the 20 tracked cryptocurrencies registered gains. The index, which covers top tokens traded on several major exchanges worldwide, lost 137.85 points from its level at 4 p.m. ET on Thursday.
The report highlights that Bitcoin (BTC) dropped 2.2%, while XRP declined 2.9%. Despite these decreases, both coins outperformed the overall index, making them the leaders among a field of underperforming assets. In contrast, Sui (SUI) experienced a sharp drop of 8.2%, and NEAR Protocol (NEAR) decreased 7.8%, marking them as the biggest laggards in the group.
The CoinDesk 20 Index serves as a broad-based indicator, representing key digital currencies traded on multiple global platforms. The index aggregates performance to provide investors with a snapshot of the sector’s daily movements.
No assets within the index showed a positive return during this time frame, signaling a uniformly negative trend in the major digital asset markets. This update serves as a routine snapshot of market activity and does not include projections or further analysis.
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