Bitcoin price weakness fails to reverse and trades around 2600

Bitcoin price weakness fails to reverse and trades around 2600

Bitcoin prices fluctuated at low levels in the Asian session on Tuesday (January 26), and the weakness after yesterday's decline failed to be reversed.

The quotes released by BITSTAMP showed that Bitcoin/US dollar (XBT/USD) fell from around 402 to around 388 yesterday, and traded at around 390 at the low point of the Asian session this trading day.

The quotes released by KRAKEN showed that Bitcoin/Euro (XBT/EUR) fell from above 374 to 360 yesterday, and fluctuated around 362 at the low point of the Asian session this trading day.

The quotes released by Huobi.com showed that Bitcoin/CNY fell from 2680 to 2580 yesterday, and traded at around 2600 at the low point of the Asian session this trading day.

In terms of industry, many service providers in various countries provide Bitcoin payment services for utility bills, ranging from Australia to the Philippines to Canada.

Australian service Noghi allows Australians to pay utility bills or invoices from around the world with Bitcoin. Noghi supports the Bpay service, which allows people to pay bills even if they don’t have a bank account.

Satoshi Citadel Industries (SCI) provides a number of Bitcoin solutions for residents of the Philippines. They offer Bitcoin utility payments as an additional option for users at Rebit.

In addition, service provider Bylls, founded in 2014, also allows Canadians to pay almost all their bills, including utilities.


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