The recent banking crisis has caused turmoil in the crypto market, leading to significant volatility. Despite this, experts remain optimistic about the asset class. However, investors are understandably concerned about the impact of interest rates on their investments with the upcoming Federal Open Market Committee (FOMC) meeting.

Altcoin Daily has released a video analyzing the possibility of a mild recession and the impact of the upcoming FOMC meeting. The video explains that the meeting, taking place over two days, will be crucial and play a pivotal role. There is a 90% chance of a 25 basis point hike, which may go up to a 5-5.25% hike by the end of the month.