bitcoin price analysis

Bitcoin Price monthly report (1st July)

By Simplify Crypto | Simplify Crypto | 1 Jul 2020


Today I'm going to start a monthly report to demonstrate the difference in the price of bitcoin in 44 different countries.

In this way we will understand the difference that exists in the asset price throughout the world at the same time.

Current price -> $9197.49

bitcoin price table

Analysing these figures, we can see that third world countries, such as Nigeria, South Africa and Per) have a high spread that ranges from 2.58% to 14.88%.

One of the things that makes me think about these values is the fact that countries like Brazil, Argentina and Venezuela have a negative spread when two of these countries have a big financial crisis and the FIAT currency is super devalued and the other is having a big devaluation of your currency in the last 3 months.

Let's wait for next month's report and see if the crisis in these three countries is reflected in the price of Bitcoin or not.

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Simplify Crypto
Simplify Crypto

Trying to help people to understand the crypto world from the basic concepts to the crypto projects purpose. My articles are publish in Publish0x and Hive

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