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IPFS News Link • Bitcoin

Bitcoin Price And Brexit

• cryptocoinsnews.com

Bitcoin Price Analysis

Time of analysis: 13h00 UTC

OKCoin 2Week Futures 1-Day Candle Chart

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From the analysis pages of xbt.social, earlier today:

A chaotic day in global markets as Brexit became an unexpected reality.

Market consensus had ruled out a vote in favor of the UK leaving the EU, hence today's outcome sent markets reeling. British Prime Minister, David Cameron, has announced that he will resign after the referendum and the pound (GBP/USD) dropped to $1.32 during the day. The US dollar was the main beneficiary in the forex markets and gold rallied $100. Bitcoin price's recent volatility returned and it apparently rose to the occasion and achieved a $140 advance since yesterday's low.


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