The CoinDesk 20 Index, a key indicator of the crypto market’s health, has seen a significant drop, trading at 3319.53, down 2.9% or 98.37 points since last Friday. This decline reflects a broader market trend, with only three out of the 20 assets in the index showing gains. Notably, APT experienced a sharp fall of 14.8%. The index, which is available on multiple trading platforms worldwide, serves as a benchmark for investors looking to gauge the performance of major cryptocurrencies. Despite the downturn, the index’s methodology ensures it remains a robust tool for systematic trading, akin to traditional financial indices.
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