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CoinDesk 20 Index Falls 2% as SUI and BCH Lead Declines

CoinDesk 20 Index Falls 2% as SUI and BCH Lead Declines

The CoinDesk 20 Index drops 1.1%, with NEAR and AVAX experiencing the largest losses, while APT and ETH show slight decreases.

ETH
AVAX
BCH

Fact Check
Source 9 directly confirms all parts of the statement. The content snippet reads: 'CoinDesk 20 Performance Update: Index Drops 2% as Nearly All Constituents Trade Lower. Sui (SUI) fell 5.6% and Bitcoin Cash (BCH) dropped 4.7%, leading the...'. This explicitly states the index dropped 2% and that SUI and BCH led the declines.
    Reference: 123
Summary

The CoinDesk 20 Index is currently trading at 3988.9, down 1.1% since 4 p.m. ET on Monday. None of the 20 assets recorded gains. The biggest decliners include NEAR (-3.8%) and AVAX (-3.5%), while ETH (-0.3%) and APT (-0.1%) showed minor declines. The CoinDesk 20 Index tracks major digital assets across multiple platforms globally.

Terms & Concepts
  • CoinDesk 20 Index: A broad-based crypto market index tracking the performance of 20 major digital assets across multiple trading platforms globally.
  • ETH: Ethereum, a decentralized platform that supports smart contracts and decentralized applications, commonly used as a reference for decentralized finance performance.
  • APT: Aptos (APT), a layer-1 blockchain focused on scalability, security, and decentralization, aiming to provide high-performance decentralized applications.