Cardano and POL Lead Declines in CoinDesk 20 Index
The CoinDesk 20 Index, a broad benchmark of cryptocurrency assets traded across multiple global platforms, is currently down 2.9%, sitting at 2,591.55 as of 4 pm on Monday. While some assets have gained, the overall index has faced significant downward pressure, with only three out of the 20 assets trading higher.
Leaders:
- XLM: +4.2%
- XRP: +3.4%
Laggards:
- POL: -7.7%
- Cardano (ADA): -7.0%
Cardano (ADA) has experienced a 7% decline since Monday, positioning it among the worst performers in the latest update. POL, another underperformer, has seen a significant drop of 7.7%.
This market update underscores the volatility of the crypto market, with notable fluctuations within the CoinDesk 20, which is a widely used indicator for crypto performance.
