According to CoinDesk, the CoinDesk 20 Index has experienced a notable downturn, with its current trading value at 2658.12. This marks a decrease of 7.2%, equivalent to a drop of 205.91 points since the last recorded value on Friday at 4 p.m. ET. Notably, none of the 20 assets within the index are trading in positive territory.
Among the assets, Ethereum (ETH) and Aave (AAVE) have shown relatively better performance, with ETH declining by 2.2% and AAVE by 3.0%. On the other hand, Chainlink (LINK) and NEAR Protocol (NEAR) have emerged as the most significant laggards, with LINK experiencing a sharp decline of 14.3% and NEAR dropping by 12.5%.
The CoinDesk 20 Index is a comprehensive index that is traded across multiple platforms and regions worldwide. It serves as a benchmark for the performance of the leading digital assets in the market, reflecting the broader trends and movements within the cryptocurrency sector.