CoinDesk 20 Index Drops 1.5%: All 20 Cryptocurrencies, Including BTC and ETH, Trade in the Red

The CoinDesk 20 (CD20), a key benchmark for the largest and most liquid digital assets, recorded a broad market decline. The index fell by 1.5% over the last 24 hours, with every single one of its 20 constituents trading lower. This uniform downward movement highlights a period of selling pressure across the entire crypto market cap spectrum. Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which hold significant weight in the index, contributed to the drop. Analysts monitor such widespread declines in the CD20 as an indicator of overall market sentiment and potential short-term bearish trends. The performance of this curated index provides a clear snapshot of institutional-grade crypto assets facing headwinds.