Down-to-earth, alert to the risk of altcoin

At 8:00 on November 23, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 648.66 points, down 6.03% in the past 24 hours, with a turnover of 66.672 billion US dollars. The turnover increased by 29.14% compared with the previous 24 hours. 5 rises and 95 declines; ChaiNext 5, which reflects the performance of large-cap blue-chip cryptocurrency, reported 569.79 points, down 5.83% in the past 24 hours, turnover was 55.377 billion US dollars, turnover increased by 31.04% compared with the previous 24 hours; Bitcoin bubble index ( The BBI index was reported at 77.18 points, down 1.94% in the past 24 hours; the USDT OTC Index was at 100.61 points, up 0.48% in the past 24 hours. Yesterday, the digital pass market showed a waterfall market. After several rounds of decline, BTC finally stabilized at around 7200. The decline in the mainstream currency has widened, the decline in the altcoin currency has become more serious, and the market bearish sentiment is strong. At present, the usdt discount premium has increased significantly compared to the previous one, indicating that the demand for stable currency for the selling funds is still in place and has not been fully withdrawn. In the current environment, the altcoin will face cleanup and the overall market environment will be improved.