Babbitt Composite Index is regularly adjusted (201911)

On November 06, 2019, the Babbitt Composite Index (8BTCCI) completed monthly regular adjustments. Taking into account factors such as the market capitalization and the transaction amount (weighted average), the adjusted 8BTCCI index component in November excludes the project components AE, BAT, BTG, and no new project components. According to QKL123 data, the number of Tokens in the 8BTCCI index was reduced from 28 to 25 last month. The sum of the weights of the top ten Tokens of the adjusted 8BTCCI index in November was 95.26%, and the market continued to concentrate on the head. Among them, BTC's index weight (58.02%) increased slightly from the previous month (57.49%).
8BTCCI was released on December 7, 2018, and the point is based on the Nasdaq Composite Index, produced by Babbitt Think Tank. The 8BTCCI index component is reviewed once a month, and the index component Token is adjusted based on the audit results to select the most representative Token in the entire market.