Crypto
CoinDesk 20 Update: Bittensor (TAO) Falls 4%, Dragging Index Down
The CoinDesk 20 Index dropped 0.8%, led by Bittensor's 4% decline, as only three cryptocurrencies gained.
Mercation Admin
May 29, 2026 1 min read
The CoinDesk 20 Index has recorded a 0.8% decrease, now standing at 1975.1, following losses from key cryptocurrencies. Bittensor (TAO) fell 4%, while Internet Computer (ICP) declined by 3.8%, contributing to the index's downward trend. Among the 20 cryptocurrencies in the index, only three managed to post gains, with NEAR up by 1% and HBAR increasing by 0.5%. This performance highlights the challenges facing many digital assets in the current market environment, underscoring a general trend of underperformance within the crypto sector.



