The CoinDesk 20, a broad-based cryptocurrency index, stumbled 2.1% in the latest trading session. Only two assets within the index, Uniswap (UNI) and Litecoin (LTC), managed to post gains, with UNI rising 2.1% and LTC gaining 0.3%.

The laggards of the index were led by a 6.9% plunge in MATIC, the native token of the Polygon network. Cosmos (ATOM) also declined, falling 4.2%. The CoinDesk 20 index is currently trading at 1784.85, down 37.6 points from the previous day's close.

The CoinDesk 20 is a widely tracked index that represents the performance of the cryptocurrency market. It is traded on multiple platforms globally, providing investors with a broad view of the sector's movements.

Source: https://www.coindesk.com/coindesk-indices/2024/09/04/coindesk-20-performance-update-matic-plunges-69-leading-indexs-decline/

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