Today is set up for huge volatility, as the Federal Open Market Committee (FOMC) meet to announce their decision on how much they will raise rates. This event has led most investors to sell equities and crypto over the past month, as they fear a 50-basis point rate hike, which seems highly likely. The market is predicting a 97.4% chance of a 50-basis point hike, so I think this event could be priced in. At the last FOMC meeting in March, we had sell pressure leading up …
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