As of 10:00 on February 11, the Babbitt Composite Index (8BTCCI) was reported at 14983.99 points, which rose to -2.32% in 24 hours, higher than the Nasdaq Composite Index (9628.39 points, + 1.13%), since the release date Since then, the global token market has performed better than the securities market. The Bitcoin Strength Index (BTCX) was reported at 84.49 points, with a 24-hour rise or fall of -0.56%, indicating that the relative performance of Bitcoin in the entire market has weakened.
According to QKL123 data, the 8BTCCI index component has an increase of 11 and a decrease of 18. The first three tokens in the 24-hour rise and fall are OKB, HT, ALGO and DOGE, ZRX, and XEM, respectively. %, + 5.81% and -10.44%, -6.09%, -5.29%.
The 8BTCCI index consists of large-scale and liquid tokens in the global market. The point reference is the Nasdaq Composite Index, which reflects the performance of the entire token market. The BTCX index reflects the exchange rate of Bitcoin in the entire Token market. Similar to the US dollar index, it reflects the strength of Bitcoin's competition in the market. 8BTCCI index and BTCX index are produced by Babbitt think tank.