Cryptocurrencies: 2916 / Markets: 20681 Market Cap: 24h Vol:
Cryptopolitan
2019-08-25 16:47:19

Brexit to provide profitable opportunities to crypto investors says OKEx

Brexit or Britain’s exit from the European Union (EU) is expected to have its toll on the kingdom’s economy; however, according to OKEx, it may also provide profitable opportunities to crypto investors. United Kingdom’s (UK’s) economy is under stress as a no-deal Brexit becomes more probable. The country’s manufacturing purchasing managers’ index (PMI) has dropped to a low of 48, which it had not seen over the last six years. Furthermore, the UK’s Confederation of British Industry’s (CBI’s ) Business Optimism Indicator had dropped to -32 in the latest quarter is the lowest since the end of 2016. The effect