Data: ETH, XRP, DOGE fell about 3% after Moody's downgraded U.S. credit ratings
2025-05-17 08:29:28
Moody's downgraded the US sovereign credit rating from Aaa to Aa1, citing widening deficits, rising interest payments and a lack of political will to rein in spending. As a result, the prices of major cryptocurrencies fell, with Ethereum (ETH), XRP and Dogecoin (DOGE) all down about 3%.
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