The CoinDesk 20 Index, a key indicator of the crypto market’s health, has taken a significant hit, dropping 7.0% or 274.43 points since last Friday. This decline has left the index at 3657.28. Over the weekend, not a single asset in the index managed to stay in the green. The most notable declines were seen in UNI, which fell by 14.4%, and RENDER, which dropped by 12.5%. The CoinDesk 20 Index, which is traded on various platforms worldwide, reflects the performance of the top 20 digital assets by market capitalization. Despite the downturn, the index continues to be a benchmark for investors looking to gauge the overall market sentiment in the cryptocurrency space.
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