CoinDesk 20 Takes a Nosedive: Everything’s Falling, Hold Your Wallet!

Well, folks, here we are again with your daily dose of crypto misery. It seems the markets decided to take a little plunge over the weekend, with the CoinDesk 20 Index dropping a charming 4.7%. Just when you thought it couldn’t get worse, it does. Ain’t that a surprise?

The CoinDesk 20 is currently trading at a thrilling 3068.55, which is down by 4.7% (-151.33) from 4 p.m. ET on Friday. In case you were holding your breath, let me assure you, none of the twenty assets decided to rise from the ashes. Nope, they all opted for the downward spiral.

Leading the charge in the ‘not-so-terrible’ category is good ol’ BTC, taking a modest dip of just 1.2%. Oh, the humanity! And right behind it is XRP, who dropped a not-so-terrific 4.5%. But wait, there’s more! The real champions in the art of losing are AVAX, with a glorious fall of 8.6%, and UNI, which is down by 8.5%. The only thing rising here is my blood pressure.

And just so you don’t feel too left out, the CoinDesk 20 is a ‘global’ index, meaning it’s being traded in many different places, so you can be sure your losses are well-distributed. So, keep calm, it’s just another day in the crypto wilderness.

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2025-05-19 17:14