CoinDesk 20 Index Trades Lower, SUI Drops

The CoinDesk 20 Index experienced a decline, trading down 1.6% as of Monday afternoon. Among the index's constituents, SUI saw a significant drop of 4.9%, making it a notable underperformer. Bittensor (TAO) also traded lower, down 4.4%. Only three of the twenty assets within the index showed positive performance, with CRO leading gains at 1.9% and BNB following at 0.2%. This broad market movement suggests a general downturn in the digital asset space, impacting major cryptocurrencies.