Babbitt Composite Index: Bitcoin oscillated upward, altcoin weakly linked

As of 10:00 on April 02, the Babbitt Composite Index (8BTCCI) was reported at 9306.49 points, with a 24-hour rise or fall of + 3.94%, which was higher than the Nasdaq Composite Index (7360.58 points, -4.41%), 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 99.93 points, with a 24-hour rise or fall of + 2.21%, and the relative performance of Bitcoin in the entire market has become significantly stronger.

According to QKL123 data, the component of the 8BTCCI index has an increase of 25 and a decrease of 1. The first three tokens of the 24-hour rise and fall are BTC, OMG, ETC, LTC, XRP, and QTUM, and the corresponding rises and falls are + 4.34% and +3.31. %, + 3.29% and -1.09%, + 0.26%, + 0.85%.

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.