Crypto Market Slumps: CoinDesk 20 Index Drops 3.9%

The CoinDesk 20 Index, a broad-based benchmark for the cryptocurrency market, experienced a decline of 3.9% from Monday's close, with the index currently trading at 2684.39. Among the 20 assets tracked by the index, only two were trading higher.

HBAR and AAVE led the gains, with HBAR rising by 4.2% and AAVE increasing by 1.3%. Meanwhile, SUI and DOT were the laggards, with SUI dropping by 11.0% and DOT falling by 8.2%.

The CoinDesk 20 Index is traded on multiple platforms across various regions globally, providing a comprehensive view of the cryptocurrency market's performance.