Market Update: Bitcoin Leads with Minimal Decline, XLM and POL Struggle
Bitcoin led the market by performing relatively well, dropping just 2.5% as other major assets faced sharper declines. The CoinDesk 20 Index, which tracks the performance of top cryptocurrencies, is currently at 3150.49, reflecting a 5.3% decrease (-175.81) since 4 pm ET on Monday. None of the assets in the index are showing positive movement.
Top Performers:
- Bitcoin (BTC): -2.5%
- Avalanche (AVAX): -2.7%
Underperformers:
- Stellar (XLM): -14.6%
- Polkadot (POL): -10.4%
The CoinDesk 20 Index provides a broad snapshot of the market, tracking assets traded across multiple platforms and regions globally.
