The CoinDesk 20 slipped 6.8% in the last week, with every asset in the index trading lower after the soft launch of spot bitcoin and ether ETFs in Hong Kong on Tuesday.
Ether (ETH) performed relatively better during the market downturn, showing a mere 0.5% decrease, the smallest decline within the CoinDesk 20.
Solana (SOL), Cardano (ADA), and Aptos (APT) experienced notable drops of over 10%, marking them as the weakest performers among alternative Layer 1s.
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