🚨 After Moody’s downgraded the U.S. credit rating from Aaa to Aa1, major cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE), and XRP dropped about 3%. The downgrade reflects concerns over rising federal deficits, interest expenses, and political gridlock. This sparked a cautious market mood, causing a dip in crypto prices, though the overall market remains relatively stable. Investors are watching closely for further impacts on the market.
🔍Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions. 🚨
