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Maker 'the Central Bank of Crypto' sees 14% rally as pound slips against dollar | The Crypto Mile Weekly Update

Video Credit: Yahoo UK - Duration: 01:46s - Published
Maker 'the Central Bank of Crypto' sees 14% rally as pound slips against dollar | The Crypto Mile Weekly Update

Maker 'the Central Bank of Crypto' sees 14% rally as pound slips against dollar | The Crypto Mile Weekly Update

This week's The Crypto Mile Weekly Update sees impressive rallies from Maker, the governance token behind the DAI stablecoin, and Quant, which is the native token of the Quant Network.

Also, throughout the week there has been a spike in the volume of Sterling to bitcoin trades, despite the fact the Bank of England has weighed in to stabilise gilts.

The week began with the British pound slipping to an all-time low against the dollar of $1.03.

Its value has increased slightly, but the long-term outlook still looks very uncertain.


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