Bitcoin price rebounds slightly

The price of Bitcoin rose slightly from its low on Friday (November 20) and is still maintaining a small rebound.

The quotes released by BITSTAMP show that on the previous trading day (November 19), Bitcoin/US dollar (XBT/USD) fluctuated and fell from around 333 to around 314, and currently rebounded slightly from the low to 316.

(Bitcoin/US dollar time-sharing chart Source: Bloomberg, FX168 Financial Network)

The quotes released by KRAKEN showed that the Bitcoin/Euro (XBT/USD) price fluctuated downward from around 315 on the previous trading day and fell to a low of around 294. It rebounded slightly from the low to 296 during the trading day.

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

The quotes released by Huobi.com show that the current Bitcoin/ RMB ( 6.3799 , -0.0026 , -0.04% ) has rebounded mildly from the low of around 2000 to around 2038 on this trading day.

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

In terms of industry, according to a draft document reported by well-known foreign media, EU member states plan to crack down on virtual currencies including Bitcoin and anonymous payments on the Internet and prepaid cards, hoping to cut off a source of funding for terrorist groups.

EU interior ministers and justice ministers will hold an emergency meeting in Brussels on Friday to discuss issues following the Paris terrorist attacks. They will urge the European Commission to take measures to strengthen controls on non-bank payment methods, including electronic/anonymous payments, virtual currencies, gift cards, etc.

     At 13:50 Beijing time on November 20, Bitcoin/USD was 316.21, Bitcoin/Euro was 296.47, and Bitcoin/RMB was 2037.90.