CoinDesk 20 performance update: index tumbles 9.3% as all constituents trade lower
Analysis
Price Impact
HighThe coindesk 20 index, representing a broad cross-section of the crypto market, tumbled 9.3%, with all constituents trading lower. ethereum (eth) led the decline with a 13.9% drop, indicating significant widespread selling pressure across major altcoins.
Trustworthiness
HighCoindesk indices is a well-established and reputable source for cryptocurrency market data and index performance, providing credible and accurate reporting.
Price Direction
BearishThe significant downturn of the entire coindesk 20 index, coupled with eth's substantial drop and no assets trading higher, strongly indicates a bearish sentiment dominating the market.
Time Effect
ShortThe report focuses on performance 'over the weekend' and 'since 4 p.m. et on friday,' indicating an immediate and recent market reaction.
Original Article:
Article Content:
CoinDesk Indices Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email CoinDesk 20 performance update: index tumbles 9.3% as all constituents trade lower Ethereum (ETH), down 13.9%, lead the index lower over the weekend. By CoinDesk Indices Feb 2, 2026, 2:16 p.m. Make us preferred on Google CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 2285.37, down 9.3% (-234.22) since 4 p.m. ET on Friday. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Long & Short Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . None of the 20 assets are trading higher. Leaders: BCH (-4.0%) and CRO (-4.9%). Laggards: ETH (-13.9%) and APT (-12.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. CoinDesk Indices CoinDesk 20 charts Prices