Bitcoin price fluctuates in Europe and the US, while RMB price rebounds strongly

     Most bitcoin prices fluctuated in Asian trading on Friday (October 9), with an overall slightly weak performance. However, the price of bitcoin denominated in RMB rebounded effectively.

The quotes released by BITSTAMP show that Bitcoin/ USD (XBT/USD) bottomed out at around 242 yesterday and then rebounded to a high of 244.50. However, it has been under pressure again since then and has been fluctuating around the 243 level on this trading day.

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

The quotes released by ITBIT show that Bitcoin/ Euro (XBT/EUR) bottomed out below 215.50 yesterday, and then rebounded to 217.50. But it was under pressure again, and it fluctuated around 215.50 on this trading day.

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

The quotes published by Huobi.com show that Bitcoin/ RMB fell to a low of around 1563 yesterday. After that, it fluctuated and bottomed out around 1559 on this trading day, and then rebounded strongly to a high of around 1575.

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

      In the industry , Bitcoin payment company BitPay has partnered with payment giant Ingenico to allow physical stores around the world to accept Bitcoin payments through their POS terminals. According to the company, this payment solution will be compatible with a wide range of Ingenico terminals.

      Miguel Angel Hernandez, general manager of Ingenico, said that participating in such an important project will allow the Ingenico Group to demonstrate its leadership in the payment field and bring users a safe and reliable payment method such as virtual currency.

      It is reported that after the merchant enters a fiat currency sales price, a QR code will be generated. The QR code can be scanned by the customer through the Bitcoin wallet app. Then, the customer can use Bitcoin to pay on the Ingenico terminal.

    At 12:33 Beijing time on October 9, Bitcoin/USD was 243.62, Bitcoin/Euro was 215.59, and Bitcoin/RMB was 1573.38.