Why Did Avalanche (AVAX) Just Take a Nose Dive? Find Out! 😱

Welcome to the CoinDesk Indices daily market update, where we highlight the performance of the crypto world’s overachievers and underperformers. Spoiler alert: it’s a mixed bag! 🎢

Currently, the CoinDesk 20 is trading at a thrilling 2712.19, which is down 1.0% (-26.22) since 4 p.m. ET on Wednesday. So, if you were hoping for a miracle, you might want to check your crystal ball again! 🔮

In a shocking twist, only three out of twenty assets are actually trading higher. I know, shocking! It’s like finding out your favorite reality show is scripted. 😲

Leaders of the pack: BCH (+1.0%) and LINK (+0.6%). They’re basically the overachievers in a group project, while the laggards, AVAX (-4.5%) and DOT (-3.7%), are the ones who forgot to do their homework. 📚

The CoinDesk 20 is a broad-based index traded on multiple platforms across the globe. So, if you’re feeling lost, just remember: it’s not you, it’s the market! 🌍

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2025-03-20 16:39