Crypto Bloodbath: CoinDesk 20 Plunges 4.7% as Weekend Sell-Off Hammers Every Asset

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2025-05-19 13:15:26

No safe havens here—the entire index got dragged down like a bag of overleveraged DeFi tokens. Even Bitcoin couldn’t escape the carnage.

Wall Street’s ’risk-off’ mood hits crypto (again): Traders flee to... wait, where exactly are they fleeing to these days? Gold? T-bills? Meme stocks? Good luck with that.

Silver lining? This dip just created the perfect ’buy the fear’ setup for degenerates who still believe in ’number go up’ theology.

9am CoinDesk 20 Update for 2025-05-19: full chart

Leaders: BTC (-1.2%) and XRP (-4.5%)

Laggards: AVAX (-8.6%) and UNI (-8.5%).

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

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