In the trading session on November 14 (Vietnam time), the price of Bitcoin on Binance exchange increased sharply, reaching 90,287 USD.
Notably, in the past 24 hours, the world's largest cryptocurrency traded at a low of $88,702 and at one point reached a high of $93,233.
Also according to CoinMarketCap, today, Bitcoin trading volume reached about 123.80 billion USD. Market capitalization remained at 1,786 billion USD.
In addition, on the Binance tracking tool, the prices of other virtual currencies witnessed notable fluctuations such as Ethereum price decreased by 2%, at 3,186 USD; BNB price decreased by 1.14%, at 619.92 USD; SOL price increased by 1.18%; XRP price decreased by 2.18% compared to yesterday's trading session.
According to many experts, the last time Donald Trump was elected President of the United States, the price of BTC increased by 2,700% and peaked after 400 days.
If the cycle plays out similarly, we could see the coin peak around December 2025, with the price expected to reach $250,000 per BTC.
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 payment methods are acts that are not in accordance with current laws.
