Avalanche’s 7.1% Plunge: Crypto’s New Drama!

CoinDesk Indices

The esteemed CoinDesk Indices, ever diligent in their duty, present their daily market update, highlighting the performance of those who lead and those who lag in the CoinDesk 20 Index, a spectacle most intriguing. 🧙‍♀️

The CoinDesk 20 currently hovers at 3816.51, a diminutive 1% decrease (-38.03) since 4 p.m. ET on Thursday. One might say the market itself has taken a turn for the worse. 📉

Not a single one of the twenty assets dares to ascend, a most lamentable state of affairs. 💸

The leaders, ETH (-0.2%) and ICP (-0.3%), manage a modest decline, while the laggards, AVAX (-7.1%) and NEAR (-6.1%), plummet with the grace of a lead balloon. 🚨

The CoinDesk 20, a broad-based index, is traded on multiple platforms in several regions globally, a testament to its widespread appeal, though one might question the wisdom of such an endeavor. 🤷‍♀️

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2025-09-26 17:21