GBP is down 10% against the dollar and no effect on bitcoin. Do people still beleieve that real world events have an impact on bitcoin?
Well they obviously do. Bitcoin went up 10% as a result of the Brexit was confirmed. The British Pound is at its lowest rate for 85 years, how do you think Bitcoin got that 10% investment after a pretty epic dump from 750 - 500 & something?
Why the 25% dump? Why the pump to 800? Because that's how the market works? I dunno.