Babbitt Composite Index: The market rebounded, downside risks are still there

As of 10:00 on April 14, the Babbitt Composite Index (8BTCCI) reported 9964.19 points, a 24-hour increase or decrease of + 3.24%, which was higher than the Nasdaq Composite Index (8192.42 points, + 0.48%), since the release date Since the global securities market performance is not as good as the Token market performance. The Bitcoin Strength Index (BTCX) reported at 94.06 points, with a 24-hour increase or decrease of + 0.24%. The relative performance of Bitcoin in the entire market has slightly increased.

According to the data of QKL123, among the components of the 8BTCCI index, the number of rises is 26, and the number of declines is 1. The top three tokens in 24 hours are BNB, OKB, DASH, BCH, XTZ, and OMG, and the corresponding rises and falls are + 9.94% and +3.56, respectively. %, + 2.66%, -1.29%, -0.84%, + 0.45%.

The 8BTCCI index consists of large-scale and liquid Tokens in the global market. The points refer to the Nasdaq Composite Index and reflect the performance of the entire Token market. The BTCX index reflects the indicators of bitcoin's exchange in the entire market, similar to the dollar index, reflecting the strength of bitcoin's competition in the market. The 8BTCCI index and BTCX index are produced by Babbitt Think Tank.