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SUI Takes a 5.9% Nosedive as CoinDesk 20 Index Stumbles – Another Day in Crypto Wonderland

SUI Takes a 5.9% Nosedive as CoinDesk 20 Index Stumbles – Another Day in Crypto Wonderland

Coindesk
Author:
Coindesk
Release Time:
2025-05-02 13:10:46
0

Crypto’s latest ’blue-chip’ index hits turbulence while SUI leads the losers’ parade. Traders shrug—just another Wednesday.

Blood in the water? Not quite. The broader index dip barely registers against Bitcoin’s relentless sideways grind. But hey, at least the algo-traders earned their coffee today.

Funny how these ’curated’ indices always seem to underperform the two tokens that actually matter. Some things never change—like Wall Street’s FOMO when they finally catch on next cycle.

9am CoinDesk 20 Update for 2025-05-02: full chart

Leaders: BCH (+1.8%) and BTC (+0.4%).

Laggards: SUI (-5.9%) and AVAX (-2.4%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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