Specifically, on the morning of February 24 (Vietnam time), the price of Bitcoin on CoinMarketCap decreased and only reached 24,080 USD, even reaching 23,000 USD at one point.
In 24 hours, the world's largest cryptocurrency was trading at the lowest at 23,690 USD and the highest at 24,570 USD.
Also according to CoinMarketCap today, Bitcoin trading volume reached about 30.3 billion USD, market capitalization decreased to 463 billion USD.
On Vicuta, a trading floor that many Vietnamese people are interested in, the price of Bitcoin is being traded in the range of 558 - 587 million VND.
On the Binance tracking tool, other virtual currencies such as Ethereum increased by 1.4% at the price of 1,663 USD; XRP decreased by 1.25%, at the price of 0.38 USD; Dogecoin decreased by 1.33%, at the price of 0.08 USD, Solana decreased by 1.04%, at the price of 23.81 USD...
Some experts and organizations predict that Bitcoin may decrease further. With interest rates and inflation still high in many countries, risky asset channels may become less attractive in the eyes of investors.
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.
