DOT's 3.5% drop and SOL's 2.8% decline pull the index lower.

<div><div><div><p><a href="https://www.coindesk.com/indices/" rel="nofollow">CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href="https://www.coindesk.com/indices/cd20/" rel="nofollow">CoinDesk 20 Index</a>.</p></div></div><div><div><p>The CoinDesk 20 is currently trading at 1938.32, down 0.4% (-8.4) since last Friday's close.</p></div></div><div></div><div><div><p>Ten of 20 assets are trading higher.</p></div></div><div><div><p>Leaders: APT (+17.3%) and ETH (+3.3%).</p></div></div><div><div><figure><picture><source></source><source></source><source></source><source></source><source></source><source></source><img src="https://www.coindesk.com/resizer/AaDZ62NI2cmoCrDO3J8SFLbXXPc=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/GEUJGS3IHFBB3NALRCDJWYHF4E.jpg" alt="9am CoinDesk 20 Update for 2024-08-12: leaders"></picture><figcaption><span></span></figcaption></figure></div></div><div><div><p>Laggards: DOT (-3.5%) and SOL (-2.8%).</p></div></div><div><div><figure><picture><source></source><source></source><source></source><source></source><source></source><source></source><img src="https://www.coindesk.com/resizer/j_gujmKAoBelC90jI9iW6Mq29Tc=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WSH2NK4OQNG6LPUIAKMP7SN5NM.jpg" alt="9am CoinDesk 20 Update for 2024-08-12: laggards"></picture><figcaption><span></span></figcaption></figure></div></div><div><div><p>The <a href="https://www.coindesk.com/indices/cd20/" rel="nofollow">CoinDesk 20</a> is a broad-based index traded on multiple platforms in several regions globally.</p></div></div><div><p>Edited by Stephen Alpher.</p></div></div><div><div><div><div></div></div></div></div><div><div><div></div></div></div>

CoinDesk 20 Performance Update: APT Soars 17.3% as Index Declines Slightly

Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
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A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...

The absence of black swan events suggests there may be other reasons for Bitcoin's current oversold condition.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...