CoinDesk 20 Index Update: XLM Sees a 14.6% Decline, With Every Index Member Falling

Market Overview: Bitcoin Outperforms, XLM and POL See Significant Losses

Bitcoin remains the top performer in the crypto market, with a modest dip of just 2.5%. The CoinDesk 20 Index, which tracks the performance of major cryptocurrencies, has dropped to 3150.49, reflecting a decline of 5.3% (-175.81) since 4 pm ET on Monday. Notably, none of the assets in the index are showing positive movement at this time.

Top Performers:

• Bitcoin (BTC): -2.5%
• Avalanche (AVAX): -2.7%

Biggest Decliners:

• Stellar (XLM): -14.6%
• Polkadot (POL): -10.4%

The CoinDesk 20 Index is a broad-based gauge that includes cryptocurrencies traded on various platforms and across multiple regions globally.