Bitcoin Cash leads declines in the CoinDesk 20, dragging the index lower amid mixed performance across major crypto assets.
Bitcoin Cash (BCH) fell 10.7% on Wednesday, leading losses in the CoinDesk 20 Index, which declined 0.6% to 1,862.4. The drop marks a reversal from Tuesday’s close, with only five of the 20 assets in the red.
The index, tracking major cryptocurrencies, saw mixed performance, with NEAR and Stellar (XLM) posting gains of 15.1% and 5.7%, respectively. Binance Coin (BNB) also underperformed, down 3.4%. The broader index remains a key benchmark for crypto markets globally.
No immediate market reaction was reported beyond the price movements in the index components.