CoinDesk 20 Index Falls 7.2% as Crypto Market Sees No Gainers

Market Downturn: CoinDesk 20 Index Falls 7.2% with Ethereum Showing Resilience While ChainLink and Near Protocol Face Heavy Losses

  • The CoinDesk 20 Index dropped 7.2% to 2658.12 since Friday afternoon, with no assets showing positive movement.
  • Ethereum (ETH) and Aave (AAVE) showed the most resilience, falling only 2.2% and 3.0% respectively.
  • ChainLink (LINK) and Near Protocol (NEAR) suffered the heaviest losses at 14.3% and 12.5% respectively.

Cryptocurrency markets faced significant downward pressure as the CoinDesk 20 Index fell 7.2% to 2658.12 since Friday’s close, according to today’s market update. The decline, representing a 205.91 point drop, saw selling pressure across all major digital assets with no components of the index trading in positive territory.

- Advertisement -

Among the leading cryptocurrencies, Ethereum demonstrated relative stability, losing only 2.2% of its value during the market correction. Similarly, Aave, the decentralized finance protocol, limited its losses to just 3.0%, positioning both assets as the most resilient performers during the current market weakness.

The situation was considerably worse for other digital assets, with Chainlink experiencing the steepest decline at 14.3%, followed closely by NEAR Protocol which dropped 12.5%. These substantial losses highlight the heightened volatility currently affecting alternative cryptocurrencies compared to more established assets.

The comprehensive decline across all components of the CoinDesk 20 suggests broad market concerns rather than isolated asset-specific issues. The index, which serves as a benchmark for cryptocurrency market performance, is traded across multiple platforms globally, providing investors with a standardized measure of the digital asset sector’s health and direction.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Fannie Mae, Freddie Mac Now Accept Crypto Assets for Mortgages

Fannie Mae and Freddie Mac will now recognize Bitcoin and other cryptocurrencies as reserves...

AI-Powered Blockchain Activity Soars 86%, Nears Gaming Market Share

Blockchain-based Artificial Intelligence activity has grown by 86% since the beginning of 2025, according...

Maine Attorney General Recovers Thousands in Crypto Scam Case

The Maine Attorney General's Office has recovered thousands of dollars for a victim of...

Coinbase Shares Hit Highest Level Since 2021 Nasdaq Debut

Coinbase stock reached its highest price since its 2021 listing, nearly returning to debut...

BPX Gains FCA Nod to Trade Tokenized Securities in the UK

BPX, a startup focused on trading tokenized securities, received several authorizations from the UK’s...

Must Read

How to Buy VPN With Bitcoin Using CyberGhost VPN

In this step-by-step guide, you will learn how to purchase a VPN (Virtual Private Network) subscription using Bitcoin, a popular cryptocurrency, and CyberGhost VPN,...