Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith.
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.
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