Bitcoin Cash is the sole gainer in the CoinDesk 20, which fell sharply led by declines in NEAR and ICP tokens.
Bitcoin Cash (BCH) advanced 1.5% on Thursday, the only asset in the CoinDesk 20 Index to post gains. The broader index declined 3.7% to 1,751.54, extending losses from Wednesday’s close.
NEAR Protocol (NEAR) and Internet Computer (ICP) led the downturn, dropping 15.2% and 13.1%, respectively. The index tracks 20 major digital assets and is widely referenced across global trading platforms.
Only one of the 20 constituents traded higher, while the next best performer, Hedera (HBAR), fell 2.1%. The index’s decline reflects broader weakness in the crypto market.