Posts tagged GBP

Bitcoin has long been thought to be the world’s most unstable currency – moving from being worth $2 to $1,137 in the last five…

bitcoin, XBT, GBP, volatility, Brexit

Bitcoin has long been thought to be the world’s most unstable currency – moving from being worth $2 to $1,137 in the last five years. But that wildly volatile currency is now becoming a safe refuge when compared to the fluctuations in the pound.

For a brief period this week, Bitcoin’s 10-day historical volatility – a measure of how much its price has been changing – dropped below that of the British pound.

http://www.independent.co.uk/news/business/news/brexit-pound-sterling-bitcoin-prices-unstable-volatile-exchange-referendum-a7129311.html