{"id":1088,"date":"2016-06-24T15:11:00","date_gmt":"2016-06-24T15:11:00","guid":{"rendered":"https:\/\/blog.holytransaction.com\/2016\/06\/bitcoin-price-rise-again-thanks-to-the-brexit.html"},"modified":"2022-12-20T02:07:36","modified_gmt":"2022-12-20T00:07:36","slug":"bitcoin-price-rise-again-thanks-to-the-brexit","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/06\/bitcoin-price-rise-again-thanks-to-the-brexit.html","title":{"rendered":"Bitcoin price rise again thanks to the Brexit"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3756\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/06\/UK-flag.jpg\" alt=\"United Kingdom Flaf\" width=\"640\" height=\"360\" \/><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">After reaching a low of $550 during the week, the<b> bitcoin price<\/b> rose again reaching a high of $650 today.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Although it was normal to see a correction after the fast climb of the previous weeks, the bitcoin price probably fell also because of the \u201c<b>Bremain<\/b>\u201d, or the possibility of UK to remain into the EU.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">This volatility has a main reason: <b>Brexit and Bremain<\/b>.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">When it seemed that England would remain in the European Union the bitcoin price fell immediately.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Conversely, now with the official news of the Brexit, the Bitcoin price is finally starting to rise again.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\"><b>Brexit and Bitcoin price rise<\/b><\/h3>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Yesterday England had to vote for a <b>referendum<\/b> in which voters had to decide if their country should remain (Bremain) or leave (Brexit) the EU.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">When the official news of <b>54.4% votes for the Brexit<\/b> arrived, the Bitcoin price increased from $560 to $655.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">This phenomenon is probably due to the fear led by the volatility in the fiat currency and traditional markets.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\">5 reasons why Bitcoin price rise<\/h3>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Few days ago we talked about the causes of the <a href=\"https:\/\/holytransaction.com\/blog\/2016\/06\/bitcoin-rise-will-it-continue-in-the-future-days.html\">Bitcoin price rise<\/a>.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Among these we quoted the Brexit, and in fact it seems to be confirmed by the market movements.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><a href=\"https:\/\/holytransaction.com\/blog\/2016\/06\/5-reasons-bitcoin-price-is-rising.html\">Read here about the other 4 reasons for the Bitcoin price rise.<\/a><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\">Universal Wallet<\/h3>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">If you want to store your Bitcoin in a safe and secure way, you should open your wallet on <a href=\"https:\/\/holytransaction.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">HolyTransaction.com\u00a0<\/a><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">On HolyTransaction you can store your Bitcoin but also other digital currencies such as Peercoin, Dogecoin and more.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Usually if you want to store different kinds of cryptocurrencies you need to open several accounts.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">With HolyTransaction we changed this method, as you can store your different coins in an only wallet, with a single login.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><b><a href=\"https:\/\/holytransaction.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Open your HolyTransaction here for free.<\/a><\/b><\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- 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Although it was normal to see a correction after the fast climb of the previous weeks, the bitcoin price probably fell also because of the \u201cBremain\u201d, or the possibility of UK to remain into the [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,129,272,514,649],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin price rise again thanks to the Brexit -<\/title>\n<meta name=\"description\" content=\"Stay informed with HolyTransaction&#039;s blog: read about the Brexit&#039;s effect on Bitcoin prices and the future of cryptocurrency.\" \/>\n<meta name=\"robots\" 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