Bitcoin spikes as yuan hits five-and-a-half year low on Brexit

  • The yuan hit a five-and-a-half-year low on Friday, while the price of bitcoin jumped around 8.7 percent from the day’s opening price, hitting highs of around $680.19, according to Coindesk which tracks the price of the cryptocurrency.
  • The price of global cryptocurrency bitcoin spiked on Friday as the yuan dipped after Britain voted to leave the European Union.
  • The value of bitcoin continues to be volatile.
  • Bitcoin moves are often counter-linked to the yuan because the majority of trade in the cryptocurrency comes from China.
  • Data is a real-time snapshot *Data is delayed at least 15 minutes Global Business and Financial News, Stock Quotes, and Market Data and Analysis

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The price of global cryptocurrency bitcoin spiked on Friday as the yuan dipped after Britain voted to leave the European Union.


Bitcoin spikes as yuan hits five-and-a-half year low on Brexit