Bitcoin Price Prediction as BTC Keeps Selling Off – Is Negative ETF News on the Way?

In the ever-dynamic world of cryptocurrency, Bitcoin continues to be a focal point of market activity. As of Sunday, Bitcoin is trading at $42,270, marking a slight increase of 0.52 percent. Amidst this fluctuating landscape, Nigeria’s Yellow Card projects a significant boom in cryptocurrency once the country’s central bank relaxes its current restrictions.

✅
Further stirring the market, Bitwise has revealed plans to seed a Bitcoin ETF with a substantial $200 million, as detailed in a recent SEC filing.

These developments hint at potential shifts in Bitcoin’s trajectory, sparking discussions and speculations about its future valuation.
Nigeria’s Anticipated Crypto Boom: Yellow Card’s Predictions Post-Restriction Lift

Following the easing of crypto transaction bans by the Central Bank of Nigeria (CBN), Yellow Card, a leading Nigerian crypto exchange, foresees a significant increase in cryptocurrency adoption.

Lasbery Oludimu, the Chief Data Protection Officer, views this development as a chance to enhance legitimacy and integration with the traditional financial system. He expects a surge in user adoption.