The bottom-level dispute ended and a new agreement was reached

FX168 News: Bitcoin prices fluctuated in the Asian session on Monday (February 22). After falling from its high yesterday, it lacked short-term direction.

The quotes released by BITSTAMP show that Bitcoin/US dollar (XBT/USD) fell from above 445 to below 430 yesterday, and fluctuated around 435 in the Asian session of this trading day.

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

The quotes released by KRAKEN showed that Bitcoin/Euro (XBT/EUR) fell from around 400 to 380 yesterday, and fluctuated around 385 in the Asian session of this trading day.

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

The quotes published by Huobi.com show that Bitcoin/CNY fell from 2995 to around 2840 yesterday, and it fluctuated and traded around 2915 in the Asian session of this trading day.

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

On the industry front, after months of heated debate on changes to the underlying operations of Bitcoin’s main protocol, all parties finally reached a consensus.

Representatives from the Bitcoin industry and development community reached an agreement at Hong Kong's Cyberport on Sunday (February 21), committing Bitcoin core developers to make hard fork security improvements based on SegWit by July 2016.

At 13:00 Beijing time on February 22, Bitcoin/USD was 437.06, Bitcoin/Euro was 383.83, and Bitcoin/RMB was 2916.90.