Bitcoin price: Rising again
As of 7:00 PM today (January 2nd), Bitcoin - the world's largest electronic currency - according to market value increased by 1.82%, reaching 89,441.14 USD.
This new price contributed to keeping market capitalization unchanged, trading at 1,786 billion USD, an increase of 32 billion USD. Meanwhile, trading volume in 24 hours decreased to 26.49 billion USD, down 3.48 billion USD.
Perspectives and forecasts
In early 2025, almost no one could have predicted a scenario where Bitcoin had fallen by about 7% in the past year and was still trading significantly lower than the important psychological milestone of 100,000 USD.
Although market sentiment towards cryptocurrency is somewhat "cooling down", investors do not need to give up Bitcoin. The world's largest cryptocurrency has never experienced two consecutive years of losses, and there is still reason to believe that Bitcoin can regain its form in 2026.
Bitcoin's biggest driving force still comes from the acceptance process of organizations. Major financial institutions continue to welcome Bitcoin, and many new steps are being implemented to deeply integrate Bitcoin into the global financial system. Bitcoin may not have become completely popular, but it has certainly attracted the attention of both Wall Street and the White House.
In 2026, the wave of acceptance from institutions is likely to accelerate. Wall Street banks are forecast to continue to launch new financial products for customers, including derivatives to reduce risks and volatility when holding Bitcoin. This may open the door for cautious institutional investors, who are still hesitant to participate in the market.
In addition, Mr. Michael Saylor - founder and CEO of Strategy continuously emphasized that the level of "enterprise participation" is at a record high. Simply put, corporations are looking for new ways to include Bitcoin in their balance sheets. At the same time, small and medium-sized enterprises are also starting to see Bitcoin as part of their business strategy.
In this regard, a major turning point in 2026 may be the fact that a large technology corporation in Silicon Valley accepts Bitcoin. This will completely change the story surrounding Bitcoin and convince many other businesses to add Bitcoin to their reserves. A similar phenomenon occurred in 2021, when Tesla first bought Bitcoin.
Along with that, the administration of President Donald Trump continues to send positive signals with Bitcoin-supporting policies, including a new policy to create conditions to include Bitcoin in the 401(k) retirement programs.
With increasing acceptance from organizations, JPMorgan Chase once predicted Bitcoin could reach 170,000 USD by 2026. Meanwhile, Mr. Tom Lee of Fundstrat even suggested that Bitcoin could jump to 250,000 USD.
According to analysts, the global macroeconomic outlook is likely to improve, and investors may be willing to welcome Bitcoin as a risky asset with high profit potential but still providing certain defense capabilities. If that happens, Bitcoin could completely reach the $150,000 mark by the end of 2026.
In Vietnam, the cryptocurrency asset market has been piloted since September 9, 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.
