Bitcoin Price monthly report (September)

By Simplify Crypto | Simplify Crypto | 1 Sep 2020


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

Current price -> $11769,45

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Analysing these figures, we can see that third world countries, such as Nigeria, South Africa and Brazil) have a high spread that ranges from 1,67% to 16,44%.

The spread in Nigeria and Peru is lower than the August report (17,10 % -> 16,44% and 3,10% -> 0,75%).
Another thing that we see was Brazil moved from 10th to 3rd and the spread moved from 0,18% to 1,67%.
This Brazil move is the reflect of the financial crisis that the country is having and the FIAT

One of the things that makes me think about these values is the fact that countries like Argentina have a negative spread when this country 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 months.

The top 10 countries are countries from Africa and South America. This make us to think this is related with the fact of these countries have a depth financial crisis.

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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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