Asian session fluctuates within a narrow range; IBM intends to popularize Bitcoin accounting technology

According to FX168, most Bitcoin prices rebounded slightly in the Asian session on Wednesday (March 2) and then fluctuated in a narrow range, continuing the relatively volatile trend of the previous trading day.

The quotes released by BITSTAMP show that Bitcoin/ US dollar (XBT/USD) fluctuated and retreated from the relatively high level of 437 yesterday, and is temporarily trading around 432 in the Asian session of this trading day.

(Bitcoin/USD time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by KRAKEN show that Bitcoin/ Euro (XBT/EUR) fluctuated below 440 yesterday and temporarily fluctuated around 395 in the Asian session of this trading day.

(Bitcoin/Euro time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by Huobi.com showed that Bitcoin/ RMB once fluctuated and fell to 2860, then rebounded. In this trading day's Asian session, it temporarily fluctuated narrowly around 2900.

(Bitcoin/RMB 30-minute chart source: Huobi.com)

In the industry , there are reports that IBM has created a "super ledger" and intends to popularize Bitcoin's accounting technology.

This week, IBM announced on its official website that it has launched a set of standards for "data block chain" technology and a "Hyperledger" plan.

IBM claims that the standard and plan will enable the core accounting technology of this virtual currency to be applied to more fields.

At 13:20 Beijing time on March 2, Bitcoin/USD was 432.76, Bitcoin/Euro was 396.37, and Bitcoin/ RMB was 2893.52.