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Litecoin Takes a 6.1% Nosedive—Dragging the CoinDesk 20 Into the Red

Litecoin Takes a 6.1% Nosedive—Dragging the CoinDesk 20 Into the Red

Coindesk
Author:
Coindesk
Release Time:
2025-05-20 13:29:14
0

Litecoin’s rough week just got rougher—the so-called ’silver to Bitcoin’s gold’ cratered 6.1% today, single-handedly turning the CoinDesk 20 index negative. Traders are left wondering if this is a blip or the start of another ’hold my beer’ crypto volatility spectacle.

Meanwhile, Wall Street analysts nod sagely and mutter ’told you so’ into their triple-shot lattes. Because nothing validates traditional finance’s skepticism like a mid-cap altcoin deciding to impersonate a falling knife.

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

Leaders: AAVE (+9.8%) and HBAR (+0.7%).

Laggards: LTC (-6.1%) and FIL (-2.9%).

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

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