Bitcoin fell sharply and remained flat at the low point in the Asian session
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Bitcoin prices traded at a low level in the Asian session on Monday (November 16), continuing the weak trend after a sharp drop overnight.
The quotes released by BITSTAMP show that Bitcoin/US dollar (XBT/USD) fell from above 335 to below 320 yesterday. It traded at a low level in the Asian session this trading day and once hit a low of 315.
(Bitcoin/US dollar time-sharing chart Source: Bloomberg, FX168 Financial Network)
The quotes released by KRAKEN showed that Bitcoin/Euro (XBT/EUR) fell from the 310 level to around 295 yesterday, and traded at the 300 mark at the low point of the Asian session this trading day.
(Bitcoin/Euro time-sharing chart Source: Bloomberg, FX168 Financial Network)
The quotes released by Huobi.com show that Bitcoin/CNY plummeted from the 2130 level to 1985 yesterday. Although it has rebounded since then, it is still trading at a low level around 2045 in the Asian session of this trading day. (Bitcoin/RMB 30-minute chart Source: Huobi.com)
According to foreign media reports, Microsoft has partnered with Brooklyn startup ConsenSys to specialize in blockchain technology in order to promote Bitcoin and related technologies to financial institutions.
By working with ConsenSys, Microsoft hopes to sell new technologies to financial companies and other companies and institutions in need. According to Microsoft, four major financial institutions have already negotiated with Microsoft on related matters.
At 12:48 Beijing time on November 16, Bitcoin/USD was 317.09, Bitcoin/Euro was 299.70, and Bitcoin/RMB was 2047.59. |
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