Connect with us

Videos

Bitcoin To $1 Million? | Crypto News Today | Daily Crypto News | Latest Crypto News Today | VOC

mm

Published

on

Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after the sterling dropped on Monday, according to market data firm Kaiko Research, in what analysts said was likely a rush by investors to dump their sterling for the digital asset or profit from arbitrage.

The pound fell to a record low against the dollar on Monday, having plunged the previous Friday after the UK government announced unfunded tax cuts.

Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She's currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

Newsletter

Trending