Asian market continued to rise but did not break out of the range

     Bitcoin prices continued to rise in the Asian session on Wednesday (September 16), but still did not break out of yesterday's range of fluctuations.

     The quotes released by BITSTAMP showed that Bitcoin/US dollar (XBT/USD) fluctuated widely in the range of 228.50-231.00 yesterday.

     The Asian session of this trading day continued to rise from around 229 to 230.50, still within yesterday's range.

     The quotes released by KRAKEN show that Bitcoin/Euro (XBT/EUR) fluctuated sharply in the 204-206 range yesterday. It rose from around 204 to 205.50 on this trading day, and then fell slightly to 205.00, still not breaking out of yesterday's range.

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

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

     In terms of the industry, Bitcoin China (BTCChina) launched a new brand "BTCC". "BTCC" stands for "Blockchain Technologies & Cryptocurrencies" in English, which means "blockchain technology and cryptocurrency".

     BTCC CEO Li Qiyuan said, "Bitcoin is global. When providing products and services to more global users, we need a more global brand, and 'BTCC' is this brand."

     Li Qiyuan said that BTCC provides a complete product chain and integrated services in the field of digital cryptocurrency, including wallets, merchant payment gateways and mining pools.

     At 12:00 Beijing time on September 16, Bitcoin/USD was 230.50 and Bitcoin/Euro was 205.08.