Meanwhile, the market believes that at the next meeting of the | Crypto NEO

Meanwhile, the market believes that at the next meeting of the Federal Open Market Committee (FOMC) on June 14, 2023 the representatives of the Fed may raise the base interest rate by another 25 basis points. It's all caused by problems in the global economy and the prospect of default on U.S. government debt.

This is bad news, because market participants earlier expected the situation with the rate to normalize. It was supposed to remain the same after the first summer meeting, and then go to the decline.