Real-Time BTC Price Data
Bitcoin's current price is NGN 167,210,385, with a 24-hour trading volume of NGN 44,225,895,713,186. Over the past day, BTC has seen a +0.39% increase, though it dipped -0.13% in the last hour.
Key Metrics:
- Market Cap: NGN 3,325,989,178,964,178
- Circulating Supply: 19,887,221 BTC
- Rank: #1 on CoinGecko
👉 Track live BTC/NGN charts for real-time updates.
Bitcoin (BTC) Overview
What Is Bitcoin?
Bitcoin (BTC) is the world’s first decentralized cryptocurrency, launched in 2009 by the pseudonymous Satoshi Nakamoto. It pioneered peer-to-peer transactions without centralized intermediaries, reshaping global finance.
Why Bitcoin Matters
- Decentralized: Secured by Proof-of-Work (PoW) consensus.
- Market Leader: Dominates crypto valuations—most altcoins trade against BTC.
- High Liquidity: Available on 20+ major exchanges via platforms like TabTrader.
BTC/NGN Price Calculator
Convert:
- Bitcoin → Nigerian Naira
- Nigerian Naira → Bitcoin
Example:
1 BTC = NGN 167,210,385 (as of July 4, 2025, 08:21 UTC).
Bitcoin Mining Explained
Mining validates BTC transactions through PoW. Miners solve cryptographic puzzles to add blocks to the blockchain, earning BTC rewards.
FAQs
1. How is Bitcoin’s price determined?
BTC’s value reflects supply/demand dynamics across exchanges, adoption rates, and macroeconomic factors.
2. Where can I buy Bitcoin?
👉 Trade BTC securely on OKX, Binance, or other aggregated platforms.
3. Is Bitcoin mining profitable?
Profitability depends on electricity costs, hardware efficiency, and BTC’s market price.
4. Why does Bitcoin’s price fluctuate hourly?
Volatility stems from trading volume, news events, and market sentiment.
Explore More Crypto Conversions
Bitcoin remains the cornerstone of crypto markets—its trends often dictate broader industry movements. For deeper insights, analyze historical charts and liquidity pools.
👉 Compare BTC pairs to optimize trades.
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