Post
Topic
Board Economics
Re: Brexit what effects will this have on cryptocurrency?
by
niteroy
on 14/04/2019, 12:11:17 UTC
Perhaps Brexit has no direct influence on Bitcoin, but I think that it still has an indirect effect on the development of cryptocurrency. I noticed that after the information about Brexit in the press on the stock exchanges there was a fall in stock prices, and on cryptocurrency exchanges the prices for bitcoin and altcoins fell slightly. Perhaps at this turbulent time, investors transferred their capital into gold, including they could sell Bitcoin and buy gold. I do not know how it really was, but I watched as the market fell, and gold kept at the same level and even grew a little.