Babbitt Composite Index: Market continues to rebound, Bitcoin stands at $ 10,000

As of 10:00 on February 19th, the Babbitt Composite Index (8BTCCI) was reported at 15765.84 points, which rose 24% to + 3.01%, higher than the Nasdaq Composite Index (9732.74 points, + 0.02%), 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 78.90 points, with a 24-hour rise or fall of + 1.60%. The relative performance of Bitcoin in the entire market has become stronger.

According to QKL123 data, the 8BTCCI index component has 23 gains and 7 declines. The first three tokens in the 24 hours are XTZ, CRO, LINK and XLM, BSV, and DASH, respectively. %, + 5.98% and -3.32%, -0.79%, -0.71%.

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 market, similar to the US dollar index, and reflects the strength of Bitcoin's competition in the market. 8BTCCI index and BTCX index are produced by Babbitt think tank.