The CoinDesk 20 index experienced a significant decline, dropping 7.3% to close at 2,722.81, as reported by Bijié Wǎng. This downturn was marked by a broad sell-off, with none of the index's 20 constituents posting gains. Leading the decline were Bitcoin Cash (BCH) and Bitcoin (BTC), which fell by 4.8% and 5.7% respectively. Among the hardest hit were NEAR and Avalanche (AVAX), which saw the largest losses, plummeting 13.8% and 13.7%. The widespread declines reflect a challenging period for the cryptocurrency market, with significant losses across major digital assets.