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Bitcoin price rises for first time since 2019

Bitcoin effects on banking industry
Bitcoin effects on banking industry

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The price of the Bitcoin cryptocurrency went up to $12,000 for the first time since August 2019.

Bitcoin

The price of the Bitcoin cryptocurrency went up to $12,000 for the first time since August 2019.

One bitcoin currently equals N4,278,681.60 (i.e four million, two hundred and seventy-eight thousand, six hundred and eighty-one Naira).

According to the trading data on Sunday, Bitcoin was at $11,918 as at 04:03 GMT but later increased by 5.41 percent.

At the Binance cryptocurrency exchange trading platform, its value was increasing up to $11,980.

In the course of Sunday trading, the Bitcoin price reached the $12,000 mark for the first time since 9 August 2019.

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