Fast Money starts right now.

Live from the Natsack Market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk for Tim Seymour, David Seaberg, Dan Nathan, and Guyadami.

Tonight on Fast, the Facebook fallout rages on on the stock heading for its worst week since

2014 as it continues to come under fire. The company is saying it is

outraged. We've got a special report on what is next for the social media giant

and what it may mean for the markets.

Plus the crypto universe coming back with a vengeance.

But top strategist Tom Lee says, forget the all coins.

Bitcoin is still your best bet.

He'll be here to tell us why.

But first we start off with the Fed's

moment of truth. Fed Chair Jerome Powell, getting ready to spread his wings

at his first news conference tomorrow as Fed Chair, which he is expected to

to widely, widely expect, excuse me, too high interest rates. expected to

high interest rates and Wall Street will be hanging on his every word

as a 10-year yield climbs in anticipation of accelerated rate hikes.

And as we've seen about a volatility in the past month or so can the markets

withstand an attack of a hawkish fed? I don't believe they can now but let me be

clear I've thought the Fed was going to derail this rally for the last five or

six years and quite frankly

...