Bitcoin price suddenly plummets

TRÍ MINH |

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.

On August 27 (Vietnam time), the price of Bitcoin on CoinMarketCap reached 20,119 USD, down 5.98% compared to yesterday. In 24 hours, the world's largest cryptocurrency was trading at the lowest at 20,020 USD and the highest at 21,804 USD.

Specifically, according to CoinMarketCap today, Bitcoin trading volume reached about 43.844 billion USD, with a market capitalization of 384 billion USD.

On Vicuta, the exchange is of interest to many Vietnamese people, the purchase price for Bitcoin reached 494 million VND, the selling price was 470 million VND.

On the Binance tracking tool, Bitcoin trading volume in the past 24 hours decreased by 6.33%, reaching more than 20,059 USD, bringing the market capitalization to 383 billion USD.

Compared to the previous day's increase, other virtual currencies such as Ethereum decreased by 11.11%, at the price of 1,481 USD; BNB decreased by 6.31%, at the price of 277.8 USD; Solana decreased by 9.09%, at the price of 31.41 USD; XRP decreased by 4.76% at the price of 0.33 USD; Cardano decreased by 7.52%, at the price of 0.43 USD; Dogecoin decreased by 7.5%, at the price of 0.0626 USD...

Previously, on August 26, the price of Bitcoin fluctuated, not finding any signs of recovery.

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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TRÍ MINH |

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TRÍ MINH |

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