#VietnamCryptoPolicy

VietnamCryptoPolicy Yesterday, Bitcoin experienced a surge, even reaching a recent high of $108,900 in the early session. However, the upward momentum did not stabilize, and it subsequently fell back, now having dropped below $108,000. Ethereum's movement was also turbulent, surging to $2,680 after fluctuating for half the night, only to quickly drop back, at one point falling below $2,600.

Bitcoin faces significant resistance near the $109,000 mark, and then began to retrace, mainly due to substantial selling pressure around the $108,500 threshold, with weak market support leading to severe liquidity shortages above this price level. The recent conflict in the Middle East has impacted the market, resulting in erratic price movements that directly triggered this price plunge.