Sterling fell 2.5{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} overnight

Ticker

1 BTC = $33951.82 USD  (via Coinbase)
1 ETH = $2148.51 USD  (via Coinbase)
1 LTC = $124.39 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Interesting stuff happening across the pond. I did some math; looks like the pound's M2 (money supply) is 1.6T, conversion rate to dollars is 1.26; so about $2.0T.

Overnight the currency dropped 2.5{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}, and although it eventually came back a bit, that represents a drop of $50B due to uncertainty over leadership.

$50B is a huge swing, greater than the market cap for all bitcoins. Give it a decade or so to grow… if it reaches the size of GBP (and that's and huge if) it won't be so volatile anymore, taking away a large criticism most have of it.

submitted by /u/sjarosz5
[link] [comments]

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $33951.82 USD  (via Coinbase)
1 ETH = $2148.51 USD  (via Coinbase)
1 LTC = $124.39 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Leave a Reply