Bitcoin to Naira Exchange Rate Today January 27th | NGN to BTC

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Bitcoin

The 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 Thursday January 27th 2022 is as follows;

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  • 1.00  Naira (NGN) = 0.0000 Bitcoin (BTC)
  • 1.00 Bitcoin (BTC) = 15,110,260.78 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 

Exchange Rate

1 Nigerian naira = 0.00000008474 Bitcoin

the minimum on 

  1. 1 Nigerian naira = 0.00000003632 Bitcoin.

Bitcoin fell below $36K after a brief rally to nearly $39K following the Federal Reserve’s announcement on Wednesday about reducing balance sheet size.

At the time of writing, Bitcoin was trading at around $35.5K, according to data from Binance.

Also See :  Black Market Dollar To Naira Exchange Rate Thursday, 27 January 2022

Ethereum, the second most valuable cryptocurrency by market capitalization, traded over $2.3K and was slightly up during the same time period.

The flagship cryptocurrency briefly rose to nearly $39K after the US central bank released its statement, as the market believed the news had already been “priced in.”

As investors and traders digested Fed Chairman Jerome Powell’s remarks, Bitcoin’s gains faded. Furthermore, Powell stated that the central bank would gradually remove economic support as a means of combating high inflation.

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The Fed is winding down its asset-purchasing program at the time of this decision. Monetary stimulus has been a major source of market support over the last year, contributing to the strength of both equities and the crypto market.

After a sharp sell-off two days ago, the price of Bitcoin has risen, indicating renewed buying after a deep oversold state. The price is  $40,000/BTC.

Rate Today January

The relative strength index (RSI) continues to rise from extremely oversold levels on the daily chart, indicating that buyers may be active this week.

In the short term, buyers will need to decisively move above $40K to signal a recovery phase.

  • # Bitcoin to Naira Exchange Rate

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

 

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