Cryptocurrency market today, October 19: Company with only 2 employees wants to participate in digital assets

(NLDO)- Experts predict that Bitcoin could fall to 95,000 USD, or even to 91,000 USD.

On the evening of October 19, the cryptocurrency market recorded mixed developments. According to data from OKX exchange, in the past 24 hours, Bitcoin (BTC) increased slightly by nearly 0.8% to $107,800, but still decreased by nearly 4% in the past week.

Altcoins saw slight fluctuations, with Ethereum (ETH) rising 1.3% to $3,930, Solana (SOL) rising more than 2% to $188, XRP rising more than 1% to $2.30; while BNB fell 0.3% to $1,100.

According to CoinTelegraph , although Bitcoin price has temporarily stabilized around $107,000, investors are still cautious as many signals show that this currency may continue to decrease in the short term due to weak buying power and global economic fluctuations.

Cryptocurrency expert Tony predicts that Bitcoin could fall to $95,000, or even test the $91,000 level before bottoming out. However, the expert still believes that this is a positive development if viewed from a long-term growth cycle.

Bitcoin is trading in the $107,800 region Source: OKX

Analyst Daan Crypto Trades believes that the price will move sideways, around $107,000 until the end of the trading week, with the $105,000 level being an important support zone. If US stocks recover, Bitcoin could bounce back.

One positive sign is that the RSI (relative strength index) is at its lowest level since April, suggesting that selling pressure is waning and Bitcoin could soon recover.

Many experts say that although market sentiment is pessimistic, technical indicators are signaling a possible upcoming recovery.

In the domestic market, An Truong An Joint Stock Company (stock code: ATG) attracted attention when it prepared a shareholders' meeting to change its name to ATG Planet Joint Stock Company, adding digital technology and construction materials business lines.

At the same time, An Truong An asked for shareholders' opinions to contribute capital to establish ABI Planet Joint Stock Company in Da Nang High-Tech Park, focusing on developing Blockchain and AI products.

ABI Planet has a charter capital of 50 billion VND, of which ATG contributes 30% (equivalent to 15 billion VND), the rest is inviting foreign strategic investors.

Notably, as of the end of June 2025, An Truong An recorded an accumulated loss of more than 157 billion VND, with equity remaining at just over 400 million VND. The company currently has only 2 employees.

It is noted that after Resolution No. 05/2025/NQ-CP dated September 9, 2025 of the Government on piloting the crypto asset market in Vietnam was issued, many domestic enterprises quickly joined the game.

Most recently, according to business registration information, Loc Phat Vietnam Crypto Asset Exchange Joint Stock Company (LPEX) was established on September 30 with an initial charter capital of 6.8 billion VND.

Recently, HD Securities Joint Stock Company also planned to mobilize more than 7,300 billion VND, of which nearly 1,500 billion VND contributed capital to HD Crypto Asset Exchange Joint Stock Company.

Many other enterprises such as Techcom Securities Joint Stock Company, SSI Securities Joint Stock Company, VPBANK Securities Joint Stock Company... also established legal entities and contributed capital to organizations operating domestic digital asset trading floors.

Notably, previously, in June 2025, Vimexchange Cryptocurrency and Crypto Asset Trading Joint Stock Company was also established, with a charter capital of VND 10,000 billion. This is the first crypto asset company in Vietnam to reach this charter capital level.

Source: https://nld.com.vn/thi-truong-tien-so-hom-nay-19-10-cong-ty-chi-co-2-nhan-vien-muon-tham-gia-tai-san-so-196251019185004904.htm