CoinDesk 20 performance update: index falls 4.5% as all constituents trade lower
Uniswap (UNI) declined 7.7% and Solana (SOL) dropped 6.9%, leading the index lower.
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CoinDesk 20
Uniswap (UNI) declined 7.7% and Solana (SOL) dropped 6.9%, leading the index lower.
Bitcoin Cash (BCH), up 0.8% from Thursday, was the only gainer.
Solana (SOL), up 1% from Friday, was also a top performer.
Bitcoin Cash (BCH), up 2.5% from Thursday, joined Aptos (APT) as a top performer.
Solana (SOL), down 3.1% since Thursday, joined Aave (AAVE) as an underperformer.
The cryptocurrency market is showing resilience as U.S. equities plunge and investors look to bitcoin as a potential hedge
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Solana joined Render as an underperformer, dipping 2.1%.
Uniswap joined Chainlink as a top performer, rising 8.6%.
Ethereum Classic (ETC) was among the top performers, gaining 11.3% from Tuesday.