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Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It?

There's a debate whether rising BTC/GBP trading volume represents hedging demand for the cryptocurrency or speculative interest.

By Omkar Godbole

Updated May 11, 2023, 6:44 p.m. Published Sep 29, 2022, 10:54 a.m.

Bitcoin-sterling trading volumes are surging as the British pound slides. (Robfoto/Pixabay)