After having fallen from $271 per Bitcoin in early August, to a low of $198 after China devalued its currency and the 'Black Monday' event of 24 August, the price of one Bitcoin has now recoved to $268. The cryptocurrency is currently trading at around $218 on CoinMarketCap. - it tends to show up quite distinctly on X-rays. The effect of using Bitcoin to shield one's wealth may be particularly pronounced in China, as the country is likely to restrict purchases and ownership of gold, the more traditional store of value.
After having fallen from $271 per Bitcoin in early August, to a low of $198 after China devalued its currency and the 'Black Monday' event of 24 August, the price of one Bitcoin has now recoved to $268. The cryptocurrency is currently trading at around $218 on CoinMarketCap. The effect of using Bitcoin to shield one's wealth may be particularly pronounced in China, as the country is likely to restrict purchases and ownership of gold, the more traditional store of value.