{"id":987,"date":"2016-06-23T13:11:30","date_gmt":"2016-06-23T13:11:30","guid":{"rendered":"http:\/\/blog.holytransaction.com\/?p=987"},"modified":"2020-11-09T06:27:39","modified_gmt":"2020-11-09T04:27:39","slug":"bitcoin-price-drops-because-of-bremain","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/06\/bitcoin-price-drops-because-of-bremain.html","title":{"rendered":"Bitcoin Price Drops because of the Bremain"},"content":{"rendered":"
<\/div>\n

Bremain and Bitcoin<\/h3>\n
Today Bitcoin price drops<\/b> of about $100, falling to peak of 15% by reaching the value of $551 according to Bitstamp<\/a>.<\/div>\n
<\/div>\n
In the recent weeks we talked about the 5 reasons of the Bitcoin price was rising so fast<\/a>.<\/b> In the list we quoted the \u201cBrexit<\/b>\u201d as a possible reason.<\/div>\n
<\/div>\n
In fact, the uncertainty caused by this move could be a foundamental reason for the Bitcoin growth.<\/div>\n

Bitcoin price Drops<\/h3>\n
This Bitcoin fall is a continuation of the recent correction – probably due to the previous too fast growth, as explained George Sammam – that began on June 18th, when the price hit $774.<\/div>\n
<\/div>\n
A possible reason for this Bitcoin decline is the \u201cBremain<\/b>\u201d, or the possibility of the UK to remain in the European Union.<\/div>\n
<\/div>\n
In fact, experts suggested that maybe the bitcoin price is falling down because of the increasing possibility that UK will vote to remain in the EU.<\/div>\n
<\/div>\n
Tim Enneking<\/b> of Crypto Currency Fund; investor Vinny Linghan<\/b> and Arthur Hayes<\/b>, co-founder of BitMEX<\/a>, all quoted the \u2018Brexit\u2019 vote as a possible reason for this drop:<\/b><\/div>\n
<\/div>\n
“The drop below $600 indicates that many traders believe that ‘Bremain’ will prevail. The vote is still too close to call with various polls indicating ‘Brexit’ and ‘Bremain’ in a dead heat.”<\/i><\/i><\/div>\n
<\/div>\n
So, will the Bitcoin price continue to fall or it will remain stable? Stay tuned for next updates.<\/div>\n

Multicurrency Wallet\"\"<\/h3>\n
With this high volatility it is a good behavior to store your Bitcoin in a safe wallet<\/b> and wait for better times.<\/div>\n
<\/div>\n
You can store your Bitcoin and other digital currencies such as Litecoin, Ethereum, Dogecoin in the HolyTransaction Multicurrency wallet.<\/b><\/div>\n
<\/div>\n
Open your wallet for free here.<\/b><\/a><\/div>\n
<\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bremain and Bitcoin Today Bitcoin price drops of about $100, falling to peak of 15% by reaching the value of $551 according to Bitstamp. In the recent weeks we talked about the 5 reasons of the Bitcoin price was rising so fast. In the list we quoted the \u201cBrexit\u201d as a possible reason. 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