Bitcoin has been rising for several days, and the market is concerned about the 2600 mark

Bitcoin has been rising for several days, and the market is concerned about the 2600 mark

Bitcoin prices soared again in the Asian session on Monday (November 30), continuing yesterday's strong performance.

 

     The quotes released by BITSTAMP show that Bitcoin/ US dollar (XBT/USD) continued to soar from around 355 yesterday, rising above 370 overnight, and further soared to approach the 380 level in the Asian session of this trading day.

 

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

 

     The quotes released by KRAKEN show that Bitcoin/ Euro (XBT/EUR) continued to rise from below 340 yesterday, rising to around 350 overnight, and further rose to 360 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 rose from below 2300 yesterday, rising to around 2380 overnight, and further soared to 2460 in the Asian session of this transaction.

 

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

 

     The price of Bitcoin denominated in various currencies has soared again. Although it is still far from the high in early November, considering the recent strong performance, its high-level decline may have come to an end. As for the future market, whether the RMB can return to the 2,600 mark and stand firm may be the key.

 

     At 13:01 Beijing time on November 30, Bitcoin/USD was 376.43, Bitcoin/Euro was 356.38, and Bitcoin/RMB was


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