Key Market Trends
Current Index Performance
As of December 6, 2019 (UTC), the crypto markets showed mixed momentum:
- ChaiNext100 Index: 657.31 points (+2.53% 24h), $377.86B trading volume (-11.40%)
- ChaiNext5 (Large-Cap): 577.95 points (+2.62%), $309.88B volume (-12.73%)
Mid/Small-Cap Indices:
- ChaiNext6-20: +1.84%
- ChaiNext21-100: +2.01%
👉 Track real-time index movements
Top Gainers & Losers
| Top Gainers | 24h Change | Top Losers | 24h Change |
|-----------------------|------------|------------------|------------|
| KNC | +27.45% | REN1 | -8.92% |
| ENJ | +24.01% | QNT | -6.34% |
| ZEC | +13.03% | EKT | -5.52% |
Technical Outlook
BTC held steady between $7,300–$7,400, fluctuating near the 4-hour Bollinger Bands midpoint. Altcoins largely mirrored BTC's movements without breaking from correlation trends.
Notable Events
- Huobi's Hainan conference focused on blockchain applications, not exchange licensing, leading to platform token price corrections.
- BBI (Bitcoin Bubble Index): 77.87 points (+0.78%)
FAQs
Q1: Why did platform tokens decline?
A: Market expectations for trading licenses were unmet; discussions emphasized tech, not regulatory approvals.
Q2: What’s driving mid-cap token performance?
A: Lower liquidity amplifies volatility, with select projects (e.g., KNC, ENJ) benefiting from niche demand.
Q3: How reliable is the BBI Index?
A: It measures BTC’s deviation from long-term trends but doesn’t predict short-term price action.
👉 Explore market indices in depth
Final Notes
- USDT Premiums: OTC Index at 100.43 (+0.69%), indicating stable demand.
- Market Sentiment: Neutral, with consolidation likely to persist until volume spikes.
Indices tracked include ChaiNext100 (broad market), ChaiNext5 (blue-chip tokens), and sector-specific benchmarks.
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