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Weakening of European economies encourages strengthening of new currencies - Serhiy Tron

english.gordonua.com

Weakening of European economies encourages strengthening of new currencies - Serhiy Tron

Fiat currencies will disappear, while new currencies, including bitcoin, will strengthen their position. This was stated by Ukrainian businessman, Head of the transnational IT-company White Rock Management Serhiy Tron, commenting on the fall of the euro and pound on his page in Facebook. According to him, due to the weakening of the British currency amid the rising U.S. dollar, investors are turning to cryptocurrencies to maintain stability. Citing the data from James Butterfill, Head of Research at the analytical company CoinShares, Serhiy Tron noted that the bitcoin and the British pound are now seeing an increase in trading volume. On September 26, the trading volume of GBP/BTC on exchanges reached a record high of $881 million, while the usual daily figure was $70 million per day. Last year, the figure was 1,431.76%.   Больше читайте тут: https://english.gordonua.com/news/newsenglish/weakening-of-european-economies-encourages-strengthening-of-new-currencies-serhiy-tron-1629484.html