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Bitcoin Trading Rises by N45bn in May Despite Ban

Bitcoin net trade value had a significant increase in may despite circular issued by the central bank, pub-1800157631388084, DIRECT, f08c47fec0942fa0

Bitcoin trading rises by N45bn in May despite ban the central bank had issued sometime in February on cryptocurrency. According to Useful Tips, May recorded the highest compared to the previous month.

Bitcoin Trading Rises by N45bn in May Despite Ban

$38.5m was traded in may, $33.1m in April; $33.6m in March; $31.9m in February, and $31.9m in January as bitcoin becomes the highest and most popular cryptocurrency.

Bitcoin had a significant crash price in the crypto market which left a lot of traders selling as quickly as possible to prevent further impact.

Read Also Elon Musk makes Bitcoin witness sharpest drop of 20%

Nigeria still remains the country in Africa with the highest trade-in bitcoins and cryptocurrency.

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