Crypto Market Sees Widespread Decline as CoinDesk 20 Index Drops

The cryptocurrency market is experiencing a significant downturn, with the CoinDesk 20 Index plummeting by 4.8% in a single session.

According to the latest data, all 20 assets within the index are trading in the red, indicating a broad risk-off phase across crypto.

The CoinDesk 20 Index has fallen to its lowest point since May highs, representing a total drop of over 23% in under a month.