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

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 Monday, compares 27 potential shocks by their likelihood and economic impact. A crypto market crash sits near the top of the probability scale. However, Moody’s considers its likely damage to the wider economy relatively limited.

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