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The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months
Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith.
Updated Sep 14, 2021, 10:24 a.m. Published Oct 28, 2020, 7:00 p.m.
Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith.
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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on the Brief:
- Section 230 hearing with social media CEOs in Washington D.C.
- Bitwise now has more than $100 million AUM
- Trump website defaced with monero request
Our main discussion: Markets go risk-off.
With rising fear of COVID-19 lockdowns, everything from stocks to oil to gold and, yes, even bitcoin is down on the day. The important question is whether this is a short-term volatility phenomenon or part of a larger systemic shift.
See also: Bitcoin Price Slips Below $13K as Stocks Slide
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Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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