CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
The base currency – BTC. The counter currency – GBP. The BTC/GBP rate mirrors the relationship between Bitcoin and the Pound Sterling. Bitcoin is a non-government system of money, devised in reaction to the financial crisis of 2008. This cryptocurrency relies on blockchain technology, meaning every Bitcoin transaction is recorded on a special database rather than controlled by a particular financial institution.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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