The cryptocurrency market opened the new week on the morning of September 15 with red covering most major coins, with prices falling. Data from OKX shows that in the past 24 hours, Bitcoin (BTC) fell nearly 0.5%, trading around $115,400, Ethereum (ETH) fell 1.28% to $4,600, Solana (SOL) lost more than 2% to $241, and BNB also fell more than 0.5% to $929.
However, compared to a week ago, the developments were quite positive when major coins still increased from 3% to more than 15%. CoinTelegraph said that over the weekend, Bitcoin had surpassed $116,800 - the highest level in more than three weeks - before closing the week around $115,296.
Many traders believe that selling pressure is still present, but around the $115,000 mark, there has been strong buying pressure to maintain the price. Analyst Rekt Capital emphasized that if Bitcoin stays above $114,000 by the end of the week, it is an optimistic signal, while the target of surpassing $117,000 is not short-term.
Bitcoin is trading around $115,400 Source: OKX
This week’s focus is on the US Federal Reserve meeting. Investors are almost certain that the Fed will cut interest rates by at least 0.25%, information that is considered a boost for both stocks and cryptocurrencies. Some organizations predict that current economic conditions could turn the fourth quarter into a favorable period for the crypto market.
Another notable development is the difference between USDT and VND. According to Binance P2P, the price of USDT/VND on the morning of September 15 fell below 26,400 VND, down about 500 VND compared to the end of August.
Meanwhile, the official USD/VND exchange rate was at 26,376 VND, causing the premium (difference) to narrow significantly, sometimes even USDT/VND was lower than USD/VND – something that rarely happened before.
The reason is believed to be the rapid increase in USDT supply while demand decreased, coinciding with the time when the Government issued Resolution 05/2025/NQ-CP on piloting a legal framework for crypto assets.
According to the resolution, all transactions must be paid in VND and only domestic enterprises are allowed to issue crypto assets. This significantly changes the supply and demand in the domestic market, and reflects the adjustment period when Vietnam enters the official management trial of the digital asset sector.
USDT is a stablecoin pegged to the USD (1 USDT ~ 1 USD), most popular on international exchanges such as Binance, Bybit, CoinBase...
Source: https://nld.com.vn/thi-truong-tien-so-hom-nay-15-9-tin-hieu-la-tai-viet-nam-196250915102047736.htm
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