On May 17, 2025, Moody’s downgraded the U.S. sovereign credit rating from Aaa to Aa1—citing swelling federal deficits, rising interest expenses and political gridlock—which triggered a risk-off wave across markets . Major cryptocurrencies—ether (ETH), XRP and dogecoin (DOGE)—each slid about 3%, and the broader crypto market cap retracted from its weekly peak but held near $3.3 trillion . In traditional markets, U.S. Treasury yields climbed (the 10-year note rose toward 4.49%) and S&P 500 futures dipped roughly 0.6% in after-hours trading . While such downgrades often spur short-term profit-taking, analysts note that concerns over dollar debasement and debt sustainability could ultimately reinforce the narrative of crypto assets as inflation hedges . Alex Kuptsikevich of FxPro observed that Bitcoin’s hold around $104,000 remains a critical support level, though resilience may prove temporary before the next rebound .

#SaylorBTCPurchase