Bitcoin price may lose the 20,000 USD mark

TRÍ MINH |

According to records, the price of Bitcoin in the past 24 hours (Vietnam time) has sometimes decreased below the 20,000 USD mark.

On August 28 (Vietnam time), the price of Bitcoin on CoinMarketCap reached 20,033, down 0.78% compared to yesterday. In 24 hours, the world's largest cryptocurrency was trading at the lowest at 19,890 USD and the highest at 20,286 USD.

Specifically, according to CoinMarketCap today, Bitcoin trading volume reached about 26.720 billion USD, with a market capitalization of 383 billion USD.

On Vicuta, the exchange is of interest to many Vietnamese people, the buying price of Bitcoin reached 495 million VND, the selling price was 471 million VND.

On the Binance tracking tool, the trading price of Bitcoin in the past 24 hours decreased by 0.64%, reaching more than 20,028 USD, bringing the market capitalization to 383 billion USD.

Compared to the previous day's increase, other virtual currencies such as Ethereum decreased by 0.07%, at the price of 1,494 USD; BNB decreased by 0.78%, at the price of 278.4 USD; Solana decreased by 0.57%, at the price of 31.62 USD; XRP decreased by 0.39% at the price of 0.333 USD; Cardano increased by 2.59%, at the price of 0.447 USD; Dogecoin increased by 0.46%, at the price of 0.0635 USD...

Previously, on August 27, the price of Bitcoin fell more than 6%, causing the cryptocurrency market to fall into a new crisis as virtual currencies took turns plummeting.

In Vietnam, representatives of the State Bank have repeatedly sent out the message: Bitcoin and other similar virtual currencies are not legal currencies and payment methods in Vietnam.

The issuance, supply, and use of Bitcoin and other similar cryptocurrencies as a means of payment is an act that is not in accordance with current law.

TRÍ MINH
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According to records, the price of Bitcoin in the past 24 hours (Vietnam time) has decreased by more than 6%, causing the cryptocurrency market to fall into a new crisis when virtual currencies took turns plummeting.

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