Bitcoin Cash Faceplants: Crypto Market Throws a Pity Party

CoinDesk Indices

Well, well, well. Looks like the crypto market decided to channel its inner teenager and throw a dramatic tantrum. CoinDesk Indices is here to document the chaos, because who doesn’t love a good financial meltdown?

The CoinDesk 20 is currently sulking at 2074.61, down 3.4% (-73.83) since 4 p.m. ET on Friday. Spoiler alert: none of these assets are winning any participation trophies today.

Yep, you read that right. Not. A. Single. Winner. It’s like a reality show where everyone gets voted off in the first episode.

Leaders? More like “least losers.” NEAR (-1.9%) and BTC (-2.1%) are wearing the consolation prize crowns. Meanwhile, BCH (-13.0%) and TAO (-9.6%) are busy updating their LinkedIn profiles to “Unemployed in Crypto.”

The CoinDesk 20 is a broad-based index traded on multiple platforms globally, which means this pity party is happening in multiple time zones. Yay for inclusivity?

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2026-05-18 16:24