The data shows that Bitcoin has a large increase in the day or is related to the Fed’s interest rate cut.

According to ChaiNext data, as of 8:00 on August 1st, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, was reported at 934.56 points, up 4.49% in the past 24 hours, with a turnover of 33.371 billion US dollars. The turnover increased by 14.59% compared with the previous 24 hours. 78% of the index constituents rose and 22 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency, reported 809.74 points, up 4.73% in the past 24 hours, turnover was 28.093 billion US dollars, and the turnover increased by 14.99% compared with the previous 24 hours. The Bitcoin Bubble Index (BBI Index) was at 84.54 points, up 1.74% in the past 24 hours; the USDT OTC Index was at 99.98 points, down 0.50% in the past 24 hours. It may be affected by the news of the Fed’s interest rate cut. The mainstream digital currency led by Bitcoin yesterday showed a large increase in the day, and slightly broke through the shock triangle. If the next round of callbacks is weak, the digital currency market may open. A new upstream channel.