At 8:00 on July 28th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 874.66 points, down 5.07% in the past 24 hours, with a turnover of 33.966 billion US dollars. The turnover increased by 11.00% compared with the previous 24 hours. Six of them rose and 94 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency, reported 755.31 points, down 4.87% in the past 24 hours, with a turnover of 28.383 billion US dollars. The turnover increased by 11.84% compared with the previous 24 hours; the Bitcoin Bubble Index ( The BBI Index was reported at 81.08 points, down 1.13% in the past 24 hours; the USDT OTC Index was at 100.51 points, down 0.40% in the past 24 hours. Bitcoin drove the overall digital currency market out of a sharp retracement yesterday. The low price has broken the trend line, and the trading volume has increased accordingly. There may be lower lows in the future.