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Weekend Bloodbath: NEAR Crashes 7.4% as CoinDesk 20 Index Takes a Hit

Weekend Bloodbath: NEAR Crashes 7.4% as CoinDesk 20 Index Takes a Hit

Author:
Coindesk
Published:
2025-05-05 13:11:38

Another weekend, another crypto slump—because apparently digital assets don’t believe in weekends off. The CoinDesk 20 took a nosedive, with NEAR Protocol leading the charge downward like a lemming with a death wish.

Active traders got rekt (again), while HODLers shrugged and muttered ’macro conditions’ like a mantra. Meanwhile, traditional finance bros sipped mimosas and smugly adjusted their bond portfolios.

Silver lining? At least the blockchain never sleeps—even when your portfolio wishes it would.

Leaders: SUI (+0.7%) and LTC (+0.7%).

Laggards: NEAR (-7.4%) and AVAX (-7.4%).

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

|Square

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