The Fed is meeting on Tuesday and Wednesday as both the stock market and crypto market crashes. Monday marked one of the worse days in history for cryptocurrencies, with both Bitcoin and Ethereum falling over 15% in just one day. And the stock market didn’t fare much better. The S&P fell into bear market territory, joining the NASDAQ. Unfortunately, this stock market crash might get much worse, with some indication the stock market could fall as much as 80% before we finally reach a bottom. This is all being caused by fears that the Fed might raise interest rates by 75 basis points at the June Fed Meeting.
