Data analysis: BTC popularity index hit a new high in October, but the flow is consolidating at the bottom of the previous period, short-term funding is lacking

According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry reported 677.12 points at 8:00 on October 27, an increase of 28.27 points or 4.36% from the same period of last year. In addition, among the 25 sub-sectors closely watched by TokenInsight, the highest increase in 24 hours was in other industries, with an increase of 30.54%; the highest decline in 24 hours was for the special payment industry, with a drop of 26.05%. According to the monitoring, the BTC 24h transaction volume was $41.5 billion, the number of active addresses decreased by 0.85% from the previous day, and the number of transfers increased by 2.84% from the previous day. BCtrend analyst Jeffrey believes that the BTC popularity index hit a new high in October, but the traffic is consolidating at the bottom of the previous period, short-term funds are lacking, or will continue to consolidate. According to the Bituniverse intelligent AI quantitative analysis, today's market can open BCH/BTC currency grid trading, interval 0.02459-0.03381 BTC, earning currency rotation income. Note: The above content is for reference only and does not constitute investment advice.