Bitcoin price: Substantive fluctuations
As of 5:32 PM today (January 17), Bitcoin - the world's largest electronic currency - according to market value continued to decrease slightly by 0.2%, reaching 95,210.57 USD.
This new price contributed to the market capitalization fluctuating, trading at the 1,902 billion USD mark, down 3 billion USD. Trading volume in 24 hours fell to the 26.35 billion USD mark, down 20.38 billion USD.
Perspectives and forecasts
Bitcoin (BTC) recorded its third consecutive week of increase, this is the first time since July 2025. Bitcoin/USD price fluctuates near recent peaks, maintaining despite political and geopolitical information.
This persistence reflects a larger trend as large-scale institutional investors still quietly increase buying through managed Bitcoin ETF funds.
Although price fluctuations during the day were quite quiet, the weekly chart showed reverse developments. Bitcoin continued to rise even when traditional markets reacted strongly to instability in Washington and around the world.
For new investors, this "departure" is very noteworthy, because it shows that market momentum is currently in the hands of large cash flows, not short-term fluctuations.
The above development comes from ETFs. Bitcoin ETFs are like an "action shell" surrounding Bitcoin, allowing organizations to buy BTCs without directly holding them. This can be seen as a bridge between Wall Street and the cryptocurrency market.
Spot Bitcoin ETFs in the US have attracted more than 1.7 billion USD in just 3 days of this week. Previously, in early January, cash flow into ETFs reached 697 million USD in just one day. This steady buying power is like a "floor" supporting Bitcoin prices.
This explains why Bitcoin/USD can still gradually increase even when small investors are quite quiet. Large funds often move slowly, but on a very large scale, and they tend to hold long-term instead of surfing.
Currently, the amount of Bitcoin held by ETFs accounts for more than 6% of the total market capitalization. This proportion is large enough to have a clear impact on price behavior. When ETFs buy in, the supply of Bitcoin on exchanges is tightened.
Three consecutive weeks of increase does not mean that the price is only going up one way. Bitcoin is still fluctuating strongly but also shows that the market currently has a real support, not just based on excitement.
For new investors, this is a signal to look longer-term. Weekly trends are much more important than hourly fluctuations. If organizations continue to accumulate, unexpected collapses will be harder to come.
However, volatility will never disappear. Bitcoin has a long history of deep corrections after strong increases. Therefore, this is not a signal for investors to "take action".
In Vietnam, the cryptocurrency asset market has been piloted from September 9, 2025, the pilot implementation period is 5 years.
However, organizations and individuals participating in the cryptocurrency asset market must comply with relevant legal regulations on preventing and combating money laundering, terrorist financing, financing the dissemination of weapons of mass destruction, electronic transactions, network information security, network security, data protection to ensure security and safety in the cryptocurrency asset market and other relevant specialized laws.
