Brexit

Bitcoin price last week remained mostly stable, as small fluctuations up and down did not change the situation. Macroeconomic news, which gave a favorable backdrop for risky assets also did not affect the movement of Bitcoin price.

Yesterday was relatively quiet for financial markets due to the US Independence Day celebration. Fears of serious repercussions of Brexit are gradually weakening, and the Bitcoin price briefly found peace in the range of $665 - $680.

Two weeks have passed since the Brexit. World markets collapsed soon after the first results of the referendum were announced and today they continue to face the pressure.

On June 23rd the British people voted to leave the EU. Before the Brexit we have seen the loss of value of fixed cryptocurrencies including PTS and ETH. The driver of the price reduction was the US Dollar, that pulled everything else behind as well.

Last week Bitcoin has shown a rapid growth to new highs: $738, £531, €673. Finally, bitcoiners see the growth of the Bitcoin price is coming true.