In the trading session on November 16 (Vietnam time), the price of Bitcoin on Binance continued to increase, reaching 91,060 USD.
Notably, in the past 24 hours, the world's largest cryptocurrency traded at a low of $87,190 and at one point reached a high of $91,734.
Also according to CoinMarketCap, today, Bitcoin trading volume reached about 77.49 billion USD. Market capitalization remained at 1,801 billion USD.
On the Binance tracker, other virtual currency prices witnessed notable fluctuations such as Ethereum price increased by 0.15%, at 3,083 USD; BNB price decreased by 0.99%, at 619.59 USD; SOL price increased by 2.6%; XRP price increased by 12.38% compared to yesterday's trading session.
According to experts, this is the time for investors to be sober. In a volatile market, you will see countless coins increase by 30-40% in 5 minutes, then decrease by more than 60-80%.
Don't stay too long in a single trade and take profits frequently.
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.
