Moody’s

May 18, 2025

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

In a significant market shift, Ethereum, Dogecoin, and XRP each experienced a 3% decline following Moody’s recent decision to downgrade the U.S. credit rating. This downgrade has raised concerns among investors, prompting volatility in the cryptocurrency sector.

May 18, 2025

Moody's downgrades US credit rating due to rising debt

Moody’s has downgraded the U.S. credit rating, citing escalating national debt as a major concern. This move reflects growing trepidation over the government’s fiscal trajectory, potentially impacting borrowing costs and investor confidence.