First Mover: Bitcoin Steady Over $13K as JPMorgan Has Eureka! Moment

Bitcoin was higher, appearing to hold above $13,000 for the first time since January 2018.

But the most drama in crypto markets came after an exploit of the decentralized finance protocol Harvest Finance sent the platform’s native FARM token tumbling by 65% in less than an hour.

In traditional markets, European stocks slid as Spain declared a COVID-19 state of emergency and Italians were urged to stay home. U.S. equity futures pointed to a lower open on signs of a resurgence in the coronavirus and dimming hopes for a big stimulus package prior to the election. Gold was little changed.