- Tens of thousands of people gathered to protest the result of the EU referendum
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- Britain voted to leave the European Union in a referendum by 52 per cent to 48 per cent
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@EmrahErsahin: “The pound has officially become more unstable than Bitcoin”
The British pound has become more volatile than Bitcoin. 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.
Pound sterling becomes more unstable than Bitcoin following Brexit