AAVE price plummets 22.9% over weekend

The CoinDesk 20 Index experienced a significant downturn over the weekend, trading down 3.6%. None of the 20 constituent assets saw gains, with AAVE being the most notable laggard, plummeting 22.9%. Bitcoin and BNB also registered losses, falling 2.5% and 2.3% respectively. This broad market decline occurred amidst broader crypto market volatility, including a major DeFi exploit impacting Aave and concerns about regulatory scrutiny following geopolitical events. The overall sentiment in the crypto market appears bearish as investors react to these negative developments.