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

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Section 230 hearing with social media CEOs in Washington D.C.</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Bitwise now has more than $100 million AUM</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Trump website defaced with Monero request</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: Markets go risk-off. </span></p> <p><span style="font-weight: 400;">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.</span></p>