Wow i was not aware of the huge exchange of GBP/USD, it has been a long time since i dont check the forex markets, why the pound is so expensive over the dollar right now?
Bitcoin prices reaches reached £7,529.77
Let me tell you that the price is only based on the supply and demand, just like it happens with gold, silver, copper, and all the other precious metals.
If no one would be buying Diamonds, do you think that it will be at least $10 one? It is impossible. The price is only created by the ones who use to buy it.
The same happens with bitcoin, and it will keep going up because people is still looking to buy it at an expensive price.
agree with you, I want to add indeed bitcoin when the market goes up higher, because bitcoin market is the first in other currency markets but when it comes down very drastically.