In the trading session on November 20 (Vietnam time), the price of Bitcoin on Binance increased by 1.64% to $92,258.
Notably, in the past 24 hours, the world's largest cryptocurrency traded at a low of $90,848 and at one point reached a high of $93,845.
Also according to CoinMarketCap, today, Bitcoin trading volume reached about 74.24 billion USD. Market capitalization remained at 1.825 billion USD.
On the Binance tracking tool, other virtual currency prices witnessed notable fluctuations such as Ethereum price decreased by 1.96%, at 3,103 USD; BNB price decreased by 0.71%, at 614.09 USD; SOL price decreased by 1.12%; XRP price decreased by 1.57% compared to yesterday's trading session.
According to experts, some bold predictions suggest that Bitcoin price could reach $100,000 by the end of 2024. This view is not only based on the current bullish trend but also linked to many macro and strategic factors.
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.
