The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months

Breakdown-10.28
People
28 October 2020

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

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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