The British Pound Is Almost as Unstable as Bitcoin
- Volatility of venerable currency nears that of crypto upstart
- It’s been nearly a year since Bitcoin touched a record
A cash tray holding British pound banknotes and coins in a shop.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
The pound sterling -- regarded as the world’s oldest currency still in use since its inception more than a thousand years ago -- is almost as volatile as new-comer Bitcoin as of late. Here’s a look at the 30-day volatility for both:
It’s been almost a year since Bitcoin hit a record around $68,000. It’s now trading at about $19,000. Where do you see it going from here? Fill out our survey.