The CoinDesk 20 Index, a significant market benchmark for cryptocurrency assets, showcased a decline of 1.9% to 2637.48, reflecting a general downturn in the market.
Among the assets tracked, only APT and NEAR showed positive performance, each increasing by 1.7%, while notable laggards included HBAR which fell by 11.4%.
The ongoing volatility in the cryptocurrency market is evident from the mixed performance of the assets within the CoinDesk 20, with some gaining while others drop significantly.
As a comprehensive index traded globally, the CoinDesk 20 acts as a litmus test for the overall health and investor sentiment in the crypto market.
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