Bitcoin price moves higher, recent gains continue

The price of Bitcoin rose further in the Asian session on Wednesday (October 28), and has continued to show an upward trend recently.

     The quotes released by BITSTAMP show that Bitcoin/ US dollar (XBT/USD) rose from around 287 to above 297 yesterday, and further soared to around 302 in the Asian session of this trading day.

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

     The quotes published by KRAKEN show that Bitcoin/ Euro (XBT/EUR) rose from around 258 yesterday to above 266. It further soared to 270 in the Asian session of this trading day.

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

     The quotes released by Huobi.com show that Bitcoin/ CNY soared from around 1841 to around 1948 yesterday, and further soared to the 1980 level in the Asian session of this trading day.

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

At 12:36 Beijing time on October 28, Bitcoin/USD was 301.28, Bitcoin/Euro was 270.20, and Bitcoin/ RMB was 1966.00.