{"id":55185,"date":"2019-08-09T20:23:50","date_gmt":"2019-08-09T18:23:50","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=55185"},"modified":"2019-08-09T21:00:27","modified_gmt":"2019-08-09T19:00:27","slug":"ceo-claims-no-deal-brexit-could-spark-unprecedented-bitcoin-breakout","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ceo-claims-no-deal-brexit-could-spark-unprecedented-bitcoin-breakout\/","title":{"rendered":"CEO Claims No-Deal Brexit Could Spark Unprecedented Bitcoin Breakout"},"content":{"rendered":"\n
Throughout the first half of 2019, Bitcoin incurred a significant amount of upwards momentum that allowed it to put a significant amount of distance between its 2019 lows of roughly $3,400 and its year-to-date highs of $13,800.<\/p>\n\n\n\n
This upwards ascent slowed after Bitcoin faced a swift rejection at $13,800, but one industry insider is now noting that a no-deal Brexit could lead to a paradigm shift that puts BTC on the center stage of global politics and leads to what he describes as an \u201cunprecedented breakout.\u201d<\/p>\n\n\n\n
Global economic and political turmoil has long been theorized to be a bullish catalyst for Bitcoin<\/a>, as many investors and analysts believe that the cryptocurrency is a safe haven asset, much like commodities like Gold and Silver.<\/p>\n\n\n\n One event that the entire world has been closely watching has been Brexit, which has divided the U.K. and created significant political turmoil within the country.<\/p>\n\n\n\n