Bitcoin price rebounds from lows in Asian session

  Bitcoin prices rebounded from a low in the Asian session on Monday (November 9), but it is still a drop in the bucket compared to the recent sharp rise and fall .

     The quotes released by BITSTAMP show that Bitcoin/ US dollar (XBT/USD) fell from the 390 level to around 370 overnight yesterday. It finally stabilized above 360 ​​in the Asian session of this trading day and has now rebounded to the 370 level.

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

   The quotes released by KRAKEN show that Bitcoin/ Euro (XBT/EUR) fell from 360 to around 340 yesterday. It fell below 335 in the Asian session of this trading day and then rebounded to above 340.

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

     The quotes released by Huobi.com show that Bitcoin/ CNY fell from 2605 to around 2530 yesterday. It bottomed out at the 2400 mark in the Asian session of this trading day and then rebounded to the 2450 level.

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

At 11:43 Beijing time on November 9, Bitcoin/USD was 368.59, Bitcoin/Euro was 341.47, and Bitcoin/ RMB was 2453.10.