ChaiNext: The market soars, hot spots continue to ferment

At 8 o’clock on April 17, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 651.99 points, up 8.12% in the past 24 hours, with a turnover of 95.957 billion U.S. dollars, a 30.01% increase over the previous 24 hours. 98 of them rose, and 2 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency market, reported 564.72 points, up 8.06% in the past 24 hours, with a turnover of 78.862 billion U.S. dollars, a 31.24% increase from the previous 24 hours; the Bitcoin Bubble Index ( BBI index) reported 77.19 points, up 2.88% in the past 24 hours; USDT OTC Index (USDT OTC Index) reported at 100.39 points, down 2.28% in the past 24 hours. In the past 24h, the market has surged. Among the top 20 mainstreams, ETH and BCH performed impressively, up 13% and 12% respectively. BTC also returned to 7000 US dollars, and stood on the 5th and 10th lines, only 3% away from the 60th line. If it can break through the trend, it will open up more upside. The market’s main positives are that DCEP’s May application landing speed exceeded expectations, Libra released version 2.0 of the white paper, and the traditional financial market continued to rebound. With funds + hot spots will continue to bring the market, without funds + without hot spots will continue the bear market.