“In the present day is about up for enormous volatility, because the Federal Open Market Committee (FOMC) meet to announce their resolution on how a lot they are going to elevate charges by,” wrote Marcus Sotiriou, analyst on the U.Okay.-based digital asset dealer GlobalBlock in a publication. “This occasion has led most buyers to promote equities and crypto over the previous month, as they worry a 50-basis level charge hike, which appears extremely possible.”