Cryptocurrency Market Plunges: CoinDesk 20 Index Drops 4.1% on June 17, 2025

The CoinDesk 20 Index, a widely-traded index that encompasses the top 20 cryptocurrencies by market capitalization and is traded on multiple platforms globally, is currently trading at 3054.04. However, since 4 p.m. ET on Monday, the index has dropped by 4.1% (-129.21). None of the 20 assets are trading higher, with leaders including Bitcoin Cash (-1.2%) and Bitcoin (-2.7%), while laggards include ICP (-7.6%) and NEAR (-7.2%).

The daily market update from CoinDesk Indices highlights the performance of leaders and laggards in the CoinDesk 20 Index. The vertical chart below shows the current state of the index at 9 a.m. on June 17, 2025, illustrating the significant fluctuations in value among the top cryptocurrencies.

The CoinDesk 20 Index is a valuable tool for investors and traders to track the performance of the top 20 cryptocurrencies. The index provides a snapshot of the overall health of the cryptocurrency market and can be used to make informed decisions about investments and trading strategies.

In summary, the CoinDesk 20 Index is currently in a downtrend, with no assets trading higher and significant fluctuations in value among leaders and laggards. Investors should continue to monitor the performance of the index and individual assets to make informed decisions about their investments in the cryptocurrency market.