Bitcoin price on November 18 is showing signs of slowing down

Trần Bùi |

According to records, the price of Bitcoin in the past 24 hours (Vietnam time) has decreased slightly and is showing signs of slowing down.

In the trading session on November 18 (Vietnam time), the price of Bitcoin on Binance decreased by 1.24% to $89,688.

Notably, in the past 24 hours, the world's largest cryptocurrency traded at a low of $88,779 and at one point reached a high of $91,462.

Also according to CoinMarketCap, today, Bitcoin trading volume reached about 46.38 billion USD. Market capitalization remained at 1,773 billion USD.

On the Binance tracker, other virtual currency prices witnessed notable fluctuations such as Ethereum price decreased by 2.20%, at 3,076 USD; BNB price decreased by 1.19%, at 617.80 USD; SOL price increased by 8.64%; XRP price decreased by 5.53% compared to yesterday's trading session.

Bitcoin va nhom cac dong tien ao hang dau thi truong. Anh: Chup man hinh
Bitcoin and the group of leading virtual currencies in the market. Photo: Screenshot

According to experts, the current fever requires investors to have a cautious approach.

Investors should be cautious about placing all their hopes on one currency, and focus more on building a system that is robust enough to withstand shocks.

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.

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