Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Why $BEST Is a Smart Buy Now

October 28, 2025

Does a weaker dollar drive Bitcoin price now?

October 28, 2025

Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard

October 28, 2025
Facebook X (Twitter) Instagram
Tuesday, October 28 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating

May 17, 2025Updated:May 17, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating
Share
Facebook Twitter LinkedIn Pinterest Email
ad



ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating

Main tokens slumped Saturday as traders digested the implications of Moody’s Scores downgrading the U.S. credit score rating, with ether (ETH), XRP, and dogecoin (DOGE) dropping roughly 3%.

The broader crypto market held at $3.3 trillion, paring earlier positive factors after briefly touching the week’s excessive.

The transfer got here after score big Moody’s reduce the U.S. sovereign credit standing to Aa1 from Aaa, citing the nation’s swelling deficits, rising curiosity bills, and an absence of political will to rein in spending.

The agency now joins Fitch and S&P in assigning a score under the once-unblemished triple-A standing lengthy held by the world’s largest economic system.

As such, the White Home was fast to reply, with spokespersons for President Donald Trump criticizing the choice as politically motivated.

The downgrade had a right away impact on conventional markets: U.S. Treasury yields jumped, with the 10-year be aware rising to 4.49%, whereas S&P 500 futures dipped 0.6% in after-hours buying and selling.

Traditionally, considerations about U.S. debt sustainability and greenback debasement have served as tailwinds for bitcoin and different decentralized belongings. Nevertheless, credit score downgrades may set off short-term risk-off habits, notably if macro uncertainty leads institutional merchants to cut back publicity.

In the meantime, some merchants warned of a deeper sell-off within the close to time period on normal profit-taking earlier than the subsequent rally.
“Bitcoin is holding the $104,000 mark as a key stage and the constructive issue is that sellers haven’t but managed to grab management of the market,” Alex Kuptsikevich, the FxPro chief market analyst, advised CoinDesk in an e mail. “Nevertheless, resilience at excessive ranges could also be momentary earlier than the subsequent bounce, and there’s appreciable stress close to the higher boundary of the present vary.”
“In different phrases, the short-term outlook suggests a decline from present ranges,” Kuptsikevich opined.



Source link

ad
Credit DOGE Downgrades ETH Moodys Rating U.S XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Why $BEST Is a Smart Buy Now

October 28, 2025

Does a weaker dollar drive Bitcoin price now?

October 28, 2025

Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard

October 28, 2025

Metaplanet Initiates $500 Million Share Buyback to Boost Bitcoin (BTC) Yield

October 28, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Why $BEST Is a Smart Buy Now
October 28, 2025
Does a weaker dollar drive Bitcoin price now?
October 28, 2025
Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard
October 28, 2025
Metaplanet Initiates $500 Million Share Buyback to Boost Bitcoin (BTC) Yield
October 28, 2025
Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%
October 28, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.