The surging price of bitcoin could reach record highs in the coming months if the UK leaves the European Union without a deal, according to some cryptocurrency analysts.
The looming prospect of a no-deal Brexit has already caused the pound to slump against other major currencies, including the euro and US dollar.
Meanwhile bitcoin has experienced a resurgence in recent months, with ts value rising by around $4,000 since late June to its current price of $12,000.We’ll tell you what’s true. You can form your own view.
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It still remains a long way off its record high of $20,000, which it hit in late 2017, but experts believe geopolitical uncertainty could push it beyond that point before 2020.
“Bitcoin has rediscovered its mojo this year with multiple mini surges but a no-deal Brexit could see a massive...