Babbitt Composite Index: The broader market fluctuated, Bitcoin's performance was stronger

As of 10:00 on March 31st, the Babbitt Composite Index (8BTCCI) was reported at 9176.20 points, with a 24-hour fluctuation of + 7.90%, which was higher than the Nasdaq Composite Index (7774.15 points, + 3.62%), since the release date Since the performance of the global securities market is not as good as the performance of the Token market. The Bitcoin Strength Index (BTCX) was reported at 99.12 points, with a 24-hour rise or fall of + 3.53%, and the relative performance of Bitcoin in the entire market has become significantly stronger.

According to QKL123 data, the 8BTCCI index component has an increase of 26 and a decrease of 0. The first three tokens in the 24-hour rise and fall are CRO, BSV, OKB and ETC, ATOM, and QTUM, respectively. %, + 8.07% and + 0.73%, + 2.61%, + 2.62%.

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.