In a recent market update, the CoinDesk 20 index has shown a decline, currently trading at 2591.55, down 2.9% since Monday. Key players in the market include Bitcoin, which fell 1.3%, and Ether, down 2.5%. The report highlights POL as the most significant underperformer, declining 7.7%, followed closely by Cardano (ADA), which dropped 7%. On a more positive note, Stellar (XLM) increased by 4.2%, and XRP rose by 3.4%. Overall, only three of the 20 assets in the CoinDesk index are currently trading higher, reflecting a challenging market environment. The CoinDesk 20 index encompasses a wide array of cryptocurrencies and serves as a benchmark for tracking market performance.
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