The crypto market today is still facing weakness, with Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) all in the red zone. According to CoinMarketCap data, the price of Bitcoin fell by 0.89% in 24 hours to $102,379 (IDR 1.68 billion), while Ethereum plummeted by 4.19% to IDR 37.8 million per coin. This decline was triggered by geopolitical tensions between Iran and Israel, which increased risk sentiment in the digital asset market.
BNB also corrected by 1.94% in a day to IDR 10.3 million, continuing the sluggish trend of the past week. Nevertheless, analysts noted that BNB still has strong fundamentals as a utility asset in the Binance Smart Chain (BSC) ecosystem, with a market capitalization of $88.58 billion.
Amid market pressure, Bitcoin has shown resilience as a safe-haven asset, with a 656% increase since 2022. Meanwhile, Ethereum is facing challenges with trading volume shrinking by 15% due to the Federal Reserve's monetary policies that have yet to lower interest rates.
Future Prospects - Bitcoin needs to maintain support at $104,670 to avoid deeper corrections. - Ethereum and BNB have the potential to rebound if there are new catalysts, such as an increase in DeFi adoption or technological updates.
My cryptocurrency trading has not shown significant progress yet. Although I have tried various strategies like *scalping*, *swing trading*, and technical analysis, the results have not been optimal. The high market volatility and regulatory uncertainty often make trading decisions more difficult. I continue to study market patterns, keep up with the latest news, and manage risks tightly, but consistent profit is still hard to achieve. It may be necessary to reevaluate strategies, use more accurate indicators, or switch to cryptocurrencies with stronger fundamentals. Discipline and patience remain the key factors in facing these challenges.
The US national debt has reached a record high of $37 trillion, with 25% of tax revenue now allocated to interest payments. This raises renewed concerns about inflation, long-term fiscal stability, and the future of the US dollar. 💬 What do you think this will mean for the crypto market — Will more investors turn to BTC and stablecoins as alternatives, or will it impact all risky assets? How are you positioning your portfolio?
Explore my portfolio. Follow to see how I invest! My crypto portfolio is currently still in the phase of waiting for the right moment to move. I understand that the crypto market is cyclical, and patience is the key. Although it has not shown significant increases yet, I remain confident that the assets I hold have strong fundamentals and long-term potential.
I am using this time to continuously monitor market developments, current news, and technical indicators to identify the best opportunities. When the momentum arrives, I am ready to take strategic steps—whether it's adding positions, rebalancing, or taking profits. Trading is not about rushing, but about discipline and the right timing.
I am currently holding BNB coins in my trading portfolio, but so far its price has not shown significant increases. Nevertheless, I remain optimistic about the long-term potential of BNB considering its utility in the continuously evolving Binance ecosystem. I understand that volatility is a normal part of the crypto market, and price fluctuations can be influenced by various factors such as market conditions, investor sentiment, and developments in blockchain technology.
I will continue to monitor price movements and the latest news regarding Binance and BNB to make informed decisions. If necessary, I am ready to adjust my trading strategy, either by holding (HODL) in the long term or looking for the right moments to average down. My confidence in this project remains strong, and I believe that patience and discipline in trading will yield optimal results. $BNB
#ADA how should I be able to predict prices to maximize profits from here. I am a beginner looking for a mentor who is patient to teach me. Nevertheless, this is a golden opportunity to adapt, learn, grow, and generate.
#VietnamCryptoPolicy 🇻🇳 CRYPTO POLICY VIETNAM 101: GREY ZONE BERNAPAS SEMI-RESMI --- ⚖️ 1. Legal Status of Crypto Assets in Vietnam Trading & ownership is legal, but use as an official payment method remains prohibited. If you sell crypto and withdraw it to a local account: the government may impose a one-time income tax, but as long as you keep it in a wallet, there is no official treatment yet. --- 🧾 2. Regulations & Official Definitions Are Being Formed Plan to complete by May 2025: the government (Ministry of Finance & SBV) is asked to create a legal framework for digital assets & digital currencies, with a focus on: KYC, AML, and ownership rights. There is a draft of the DTI Law that begins to define “digital asset,” including crypto tokens, and provides a fintech sandbox space in several financial centers (Ho Chi Minh, Da Nang). --- 🧪 3. Sandbox & Pilot Exchange The pilot exchange plan will be operated in a Special Fintech Zone, under the authority of the central government. Digital trading platforms & crypto assets can be tested under strict control: licensing, cybersecurity, AML, and insurance for user protection. --- 🏦 4. Stablecoin & CBDC Not Yet Recognized Stablecoins are still considered a subset of crypto without legal status, and their use as official currency remains illegal. SBV is researching CBDC (digital rupiah) and is ready to conduct a digital finance pilot within the fintech sandbox framework. --- ⚠️ 5. Grey Zone Risks Many crypto businesses choose to register in Singapore/US due to regulatory uncertainty. Vietnam loses potential tax revenue and control because talent and businesses move. Hasty regulations could also trigger threats such as AML, terrorist financing, and money laundering if not followed up with law enforcement. --- 📈 6. Impact & Prospects If regulations are completed: Assets are clear, investors are more confident Local players grow, no need for foreign registration Vietnam enters the global fintech radar But: Too strict regulations could cause foreign players to exit Strict control = healthier or just reverting to old centralization?
#MetaplanetBTCPurchase Metaplanet Buying Bitcoin Again!! The Japanese investment company, Metaplanet, is becoming more aggressive in becoming a BTC sultan. Recently, they added 1,112 BTC worth approximately \$117.2 million, at an average price of \$105,435 per coin. With this addition, their total Bitcoin collection officially exceeds 10,000 BTC! This means they now hold digital assets equivalent to \$947 million, with an average acquisition price around \$94,697/BTC. Even more impressively, Metaplanet has officially surpassed Coinbase and comfortably sits in the 7th position among the largest corporate Bitcoin holders in the world. Not just passing through, they have an ambitious target: 210,000 BTC by 2027—equivalent to 1% of the total Bitcoin supply! From Tokyo to blockchain, Metaplanet's move makes the market more confident: Asian institutions are also starting to go all-in on BTC. And this is not FOMO, but a long-term accumulation strategy. We can only watch while whispering: Buy when it’s red, sell when it’s bustling. Metaplanet understands market timing very well.