Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It? – CoinDesk

Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It? – CoinDesk

The bitcoin-British pound (BTC/GBP) pair listed on major cryptocurrency exchanges, including Bitstamp and Bitfinex, is more active than ever. Analysts, however, are divided on whether the surge stems from investors switching to the largest cryptocurrency to protect against the sterling slide or from traders looking to profit from the volatility.


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