Soros is famous for betting against the pound in 1992 and has also said Britain may reverse Brexit as a result of economic slowdown. The move to bet in cryptocurrencies comes at a time when traditional money managers are staying away from cryptocurrencies.
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Over the past week, Silver prices have surged to record the best week for the precious metal in three years and veteran Wall Street trader, Jim Iurio, believes Bitcoin could be behind the move.