Global Stock News

Moody’s Warns Crypto Crash Is Among the Most Likely Economic Risks

Moody’s Warns Crypto Crash Is Among the Most Likely Economic Risks

Federal Reserve building as markets weigh the 10-year Treasury yield forecast. Photo by BeInCrypto
Federal Reserve building as markets weigh the 10-year Treasury yield forecast. Photo by BeInCrypto

A cryptocurrency market crash is now one of the most likely economic shocks over the next 12 to 18 months, according to Moody’s Analytics.

The warning comes just two days before the Federal Reserve’s October 28 interest rate decision, as investors face mounting uncertainty over inflation and financial markets.

Why Moody’s Sees a Crypto Crash as a Major Risk

Moody’s Analytics, the economic research division of global financial firm Moody’s, assesses threats using economic data, forecasting models and expert analysis.

Its latest risk matrix, shared by chief economist Mark Zandi on…

Source link

Share this article

Scroll to Top