Now, with former London mayor and hardline Brexiteer, Boris Johnson, likely to become the U.K.'s next prime minister, the pound is facing a roller coaster few months as the country hurtles towards its hard Brexit deadline of October 31—and some think that could send the bitcoin price even higher. GettyBritish bookmakers are putting the odds of Boris Johnson becoming the next prime minister at 85% and Johnson, who was a key figure advocating Leave in the U.K.'s 2016 Brexit referendum, has said that he would be prepared to leave the E.U. “We are already seeing that U.K. and international investors in U.K. assets are responding to the Brexit-fuelled uncertainties by considering removing their wealth from the U.K.," said Green. CoinDeskAfter bitcoin and cryptocurrencies were thrust back into the public limelight this week by the news Facebook is developing its own rival to bitcoin, Libra, bitcoin experts have been talking about how it differs from other cryptocurrencies. "That’s when the sunlight floods the crypto world and bitcoin makes its name on the list of safe haven assets.

Source: Forbes June 21, 2019 10:00 UTC