Bitcoin China stops withdrawals at 12:00 today, and the price of a single coin exceeds $6,300 today

IT Home reported on October 30 that an announcement from Bitcoin China showed that the platform will stop withdrawal services from 12:00 noon today (October 30). As of now, Bitcoin China has closed all trading functions.

BTCChina is one of the three largest bitcoin trading platforms in China, the other two being Huobi and OKCoin. The latter two will stop all digital asset-RMB trading business on October 31.

Affected by the situation in Spain, the price of Bitcoin has risen sharply in recent days. At around 4 am today, the price reached US$6,300 per coin. The market value of Bitcoin is close to US$104 billion, once again surpassing US investment banks such as Morgan Stanley and Goldman Sachs, with the highest price being US$6,345.

According to Wall Street Journal, at the beginning of this year, the price of Bitcoin was less than $1,000, which means that in 10 months, the price of Bitcoin has risen by more than 550%.