Bitcoin Strength Index: The market has experienced a rapid decline in the past week, and Bitcoin has relatively strong performance.

According to QKL123 data, bitcoin prices continued to fall in the past week, and the Babbitt Composite Index fell to 10,400 points from 12,000 points, a drop of 13%. The bitcoin strength index rose from around 92 to around 95. The relative price of most altcoins once again approached the low point of the year, and the market risk aversion increased. The Bitcoin Strength Index (BTCX) reflects the conversion of Bitcoin in the entire Token market. It is produced by Baxter's think tank and is used to measure the degree of change in the relative price of Bitcoin to a basket of Tokens. This shows that Bitcoin is highly competitive in the market. weak.