Bitcoin to Naira Exchange Rate Today January 26th | NGN to BTC

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Bitcoin

Latest Nigerian Naira to Bitcoin rates | NGN to BTC can be accessed here on Ejes Gist News

What is today’s exchange rate for Bitcoin (BTC) crypto-currency in both USD and Naira?

See how How much is 1 Bitcoin in Nigeria money?.

The Bitcoin To Naira Exchange Rate Today Wednesday January 26th 2022 is as follows;

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  • 1  Naira (NGN) = 0.0000 Bitcoin (BTC)
  • 1 Bitcoin (BTC) = 15,655,337.0547 Nigerian Naira

Is it the right time to change your currencies?

The best day to change Nigerian nairas in Bitcoin was the . At that time the currency had reached its highest value.

1000000000.00 Nigerian nairas 84.74 Bitcoin

The worst day to change Nigerian nairas in Bitcoin was the . The exchange rate had fallen to its lowest value.

1000000000.00 Nigerian nairas 36.32 Bitcoin

Historical Nigerian naira / Bitcoin

History of daily rates NGN /BTC since Monday, 25 January 2021.

The maximum was reached on 

1 Nigerian naira = 0.00000008474 Bitcoin

the minimum on 

  1. 1 Nigerian naira = 0.00000003632 Bitcoin.

Meanwhile, On Saturday, the price of Bitcoin, the world’s most popular cryptocurrency, plummeted by more than 50% from its all-time high as traders dumped assets for cash.

Also See : Black Market Dollar To Naira Exchange Rate Wednesday, 26 January 2022

 

Bitcoin dropped to $34, 243 (according to Binance) before regaining control of the $35,000 mark in the early hours of Sunday, Nigerian time. On November 8, 2021, Bitcoin reached an all-time high of $67,566 at a time when bullish investors predicted we’d hit $100,000.

 

The price of bitcoin has plummeted as a result of the US Federal Reserve’s decision to raise interest rates at least three times, causing the market’s most leveraged assets to be liquidated.

Altcoins suffer mega loss

Bitcoin isn’t the only cryptocurrency that has lost a lot of value. Ethereum, the second most valuable cryptocurrency, has dropped from an all-time high of $4,812 to around $2,400 as traders ramped up their sell-offs.

 

BNB, Cardona, Solana, and XRP, which make up the top ten most capitalized cryptocurrencies in the world, crashed by the sell-offs.

Cryptocurrency market capitalization has dropped by over 43% since November 2021, from $2.9 trillion to around $1.65 trillion today.

Also See : Top 10 Cryptocurrencies To Invest in 2022 To Get Rich

 

This year, the value of cryptocurrency has been wiped out by over a trillion dollars.

Despite the cryptocurrency crash, stable coins have remained “stable” as investors liquidate their bitcoin and altcoin positions in favor of stable coins pegged to the dollar. The market capitalization of Tether, the world’s largest stable coin, has reached an all-time high of $78 billion.

 

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