BNB News: BNB Is the Only Green Asset in the CoinDesk 20 as Index Drops 2% — SUI and ICP Lead Losses

The CoinDesk 20 Index fell 2% on Friday, dropping 44.22 points to 2,184.2 as of 4 p.m. ET, with just one of the index's 20 assets managing to hold positive ground. BNB was the sole gainer, rising 0.4% to stand apart from a broad market decline that dragged most major crypto assets lower. Bitcoin, often the index's relative anchor during risk-off sessions, fell 1.3% — placing it among the day's better performers despite the negative return. SUI led the downside with a 6.8% decline, giving back a significant portion of the gains made during its recent 50% rally driven by institutional staking announcements and zero-fee stablecoin news. Internet Computer Protocol's ICP followed with a 5.9% drop, reversing part of its strong performance earlier in the week when it had been among the top gainers in the majors. The session's results reflect the continued risk-off tone gripping crypto markets following this week's hotter-than-expected US inflation data. With PPI hitting its highest annual level since 2022 and CPI also surprising to the upside, the macro backdrop has shifted against leveraged and higher-beta crypto assets — a dynamic that is showing up most clearly in altcoin underperformance relative to Bitcoin.