Bitcoin Price monthly report (October 2020)

Bitcoin Price monthly report (October 2020)

By Simplify Crypto | Simplify Crypto | 1 Oct 2020


This is the bitcoin price monthly report of October for 44 countries.

Current price -> $10908,23

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Comparing these values with the last reports, we can check that Nigeria and South Africa stayed in the top 2 of the countries were bitcoin is more expensive ($13114,19 and $11243,97) and with the higher spread (20,22% and 3.08%).

The spread in Nigeria is higher than the September report (16,44% -> 20,22%).

Another thing that we see was Brazil moved from 3rd to 10th and Argentina moved from the last position to 8th.

We can also check the top 10 have 5 countries from South America this can reflect the financial crisis that South American countries have.

The top 10 countries have 7 countries from Africa and South America. This make us to think maybe it is related with the fact of these countries have a depth financial crisis and people prefers to have crypto that fiat because the high inflation in fiat.

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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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