What does Liz Truss’s resignation mean for Bitcoin and Sterling?

Published by
City AM

By Darren Parkin The sudden resignation of the Prime Minister today has sent ripples of positivity across the markets where the pound has risen and crypto appears unmoved. Liz Truss took to the lectern outside 10 Downing Street this afternoon following an almost portentous meeting with the influential 1922 Committee chairman Sir Graham Brady. She delivered a 90-second speech of resignation. Within the hour, the pound was rising in response to the definitive conclusion of the remarkably short term of a Prime Minister who became the ephemeral figurehead of a disastrous period in the UK’s financi…

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