Pound sterling becomes more unstable than Bitcoin after Brexit

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.

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    A woman poses with a home-made European Union flag as Remain supporters gather on Park Lane in London to show their support for the EU in the wake of Brexit

    Read more ... source: TheBitcoinNews