CoinDesk 20 Index Fall Pass 2% as All Major Cryptocurrencies Drop; ADA and APT Carry First Position for Losses
De CoinDesk 20 Index, wey dey track di crypto market, don see serious fall for di past trading sessions. First, di index drop 0.7% go 3147.53, as Litecoin (LTC) fall 6.1% and Filecoin (FIL) drop 2.9%, but AAVE and HBAR bin still gain small. But as time go, e weak pass, and by di latest update, di index don plammet 2.6% go 3024.87, wey show say market get bad feeling. All di 20 cryptos lose money, nobody gain; Cardano (ADA) and Aptos (APT) suffer pass, dem drop 5.9% and 5.6% respectively. Bitcoin (BTC) and Polygon (POL) no too fall bad, but dem still end 0.6% down. Dis general market fall show say volatility and risk dey increase, wey make traders think again about their short-term plans, control their risk well, and fit rebalance their investments, especially for digital assets wey no dey do well like di rest of di market.
Bearish
CoinDesk 20 Index don dey fall down kpekpekpe, with plenty plenty sales for all di digital money dem dey monitor and no one dey gain, dis one show say crypto market go still drop well well. Big big coins like ADA (Cardano) and APT (Aptos) wey fall kpata kpata, plus say market leaders like BTC (Bitcoin) and POL (Polygon) still dey lose money, all dis one show say traders no too confident again and market dey shake pass before. When market dey fall like dis for all corners, e don dey happen before say prices go correct small, pipo go dey manage risk well well, and dem go rebalance dia portfolio. If no clear sign of recovery show, di market go still dey bad, with risk of more falls and careful trading go be di main thing wey pipo go dey do for market.