Bitcoin prices continue to recover from the China-induced selloff. Prices are up another 10% or so, on pretty heavy volume.

Yes, as we relayed last week, some Chinese bitcoin-exchanges received notices from their banks that they wouldn’t handle any bitcoin-related transaction services. That caused the price of bitcoin to swoon. But it started rebounding on Friday after the governor of the People’s Bank of China said the government is not going to ban bitcoin. It continued to rise over the weekend and Monday as bitcoiners grew less concerned.