8BTCCI index components are regularly adjusted (April)

From March 09 to April 09, the 8BTCCI index rose from 7746.67 points to 99.7.70 points, an increase of 33.51%, and now exceeds the Nasdaq Composite Index (7,953.88 points) by more than 2,000 points. Among them, the price of BTC rose from 27,721.33 yuan to 36,578.21 yuan, an increase of 31.95%, while the price of ETH rose from 964.87 yuan to 1243.84 yuan, an increase of 28.91%. Since the sum of the index weights of BTC and ETH is as high as 65%, it indicates that the trend of the index in the past month is mainly caused by the Token driven by BTC and ETH. According to QKL123 data, 8BTCCI's index component Token number increased from 41 in March to 43 in April. The main reason for the change is that the market value of the entire Token market and the transaction volume (weighted average) tend to be scattered. The sum of the weights of the top ten Tokens in the adjusted component in April was 92.73%, and the sum of the weights of the top ten tokens in the adjusted component in March was 93.03%, which was 0.3 percentage points lower than the latter. The Babbitt Composite Index (8BTCCI) was released on December 7, 2018, with reference to the Nasdaq Composite Index. 8BTCCI comprehensively considers Token's circulation market value and transaction amount to select the most representative Token in the entire market. The index component is reviewed once a month and the index component Token is adjusted based on the audit results.