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Crypto Market Slumps: CoinDesk 20 Index Drops 3.9%

Coin WorldTuesday, Mar 4, 2025 9:21 am ET
1min read

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.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.