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The hype around cryptocurrency in Nigeria appears to have calmed down, and the CBN remains firm in its stance
However, the cryptocurrency market has recently seen a consistent rise in value and has been trading above 30,000, for the first time in 10 months
Notably, Elon Musks preferred digital currency, Dogecoin, has also seen a significant increase in value
For the first time since June 2022, Bitcoin, the worlds largest cryptocurrency has just increased from 20,000 back to 30,000 (N13.93 million)..
Data obtained from Coinmarketcap shows that the value of one bitcoin on Saturday, April 15 stood at 30.30k.
Similarly, Ethereum the second most valued digital currency has increased in value 2,102.06 from 1,869 a week ago.
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Keypoints
- What happened to cryptocurrency
- Billionaires View on Cryptocurrency
- CBN remains resolute on future of cryptocurrency
- Withdraw all your money Nigerian Crypto firm gives customers 2week deadline
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