Bitcoin price today: Depreciation
As of 6 pm today (January 26), Bitcoin - the world's largest electronic currency - according to market value reversed to decrease by 0.71%, reaching 87,826.67 USD.
This new price contributed to the market capitalization fluctuating, trading at the level of 1,754 billion USD, down 34 billion USD. In the opposite direction, trading volume in 24 hours reached 47.53 billion USD, up 15.4 billion USD.
Perspectives and forecasts
According to Bloomberg data, the USD continued to fall by another 0.5% at the end of the week as investors massively sold assets related to the US.
Faced with uncertainty, cash flow is pouring strongly into safe-haven assets.
Gold prices have surpassed the 5,000 USD/ounce mark, while silver has set a new historical high above 100 USD/ounce at the end of the week.
However, Bitcoin does not benefit from this trend, despite the common view of many supporters that the world's largest digital currency will act as a safe haven asset. Instead, Bitcoin fell about 3% in the past 24 hours, to just over 86,100 USD. Although it has recovered slightly, the price is still down more than 5% compared to a week ago.
According to data from DefiLlama, Bitcoin ETFs recorded a net withdrawal of $117 million in January, marking the third consecutive month of capital withdrawal.
At current prices, the number of Bitcoin sellers is still higher than buyers, creating negative pressure on prices.
According to experts, demand is still not strong enough to absorb selling volume from short-term investors, who buy near the peak and are currently redistributing when prices recover.
However, some factors are still supporting in the long term.
Experts believe that the macroeconomic context is generally favorable: inflation is cooling down, growth is maintained positively and global liquidity is showing signs of improvement.
According to Mr. Ed Yardeni - Chairman of Yardeni Research, investors' reduction in holdings of US assets is not the only factor pushing gold and metal prices up sharply.
All of this is happening because rising geopolitical tensions are driving an arms race, and defense companies need more metal to expand production" - Mr. Yardeni said.
Share prices of mining and metal businesses are also soaring: "Metal prices are also supported by the geopolitical AI race, which is increasing investment spending in technology" - Mr. Yardeni added.
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.
