A crypto market meltdown ranks among the most probable economic shocks over the next 12 to 18 months, according to a new risk assessment from Moody’s Analytics, published two days before the Federal Reserve’s Oct. 28 rate decision.

The firm’s chief economist, Mark Zandi, posted the risk matrix on X. It scores 27 potential disruptions on both likelihood and potential damage. A digital-asset crash sits high on the probability scale, though the firm judges the spillover into the broader economy to be comparatively contained. The matrix does not attach a probability figure or a price target to any scenario.

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