Bitcoin rising value attracts investments in Vietnam

FILE PHOTO: Representation of the bitcoin cryptocurrency and a price chart are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

HANOI: Bitcoin has been predicted to be among the most lucrative investment instruments in 2025, despite having not been legalised in Vietnam.

The year 2024 marks a historic record for the digital currency as its price surpassed US$100,000 per bitcoin on Dec 5 and reached a peak of US$108,000/bitcoin on Dec 17.