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Crypto Bloodbath: ETH, DOGE, XRP Tank 3% After Moody’s Slashes U.S. Credit Rating
Crypto Bloodbath: ETH, DOGE, XRP Tank 3% After Moody’s Slashes U.S. Credit Rating
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Wall Street’s favorite rubber-stamp agency strikes again—Moody’s downgrade sends shockwaves through crypto markets. Ethereum, Dogecoin, and Ripple all bleed out in sync with traditional finance’s latest credibility crisis.
When the so-called ’risk-free’ benchmark gets a demotion, even degens take notice. The correlation playbook is back: digital assets mirroring equity market jitters within minutes of the announcement.
Funny how crypto’s ’decoupling’ narrative evaporates faster than a memecoin dev team’s credibility. Maybe Satoshi was right about trusting math over Moody’s spreadsheets after all.
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