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Bitcoin ignores Moody’s US debt downgrade, rallies back to $105K after profit-taking sell-off
Bitcoin sold off from $107,000 due to profit taking, and the recovery back to $105,000 is a sign that multiple bidders expect higher prices in the near future.
Trump Aide Hassett Dismisses Moody’s Downgrade, Calls US Debt ‘Safest Bet’
White House National Economic Council Director Kevin Hassett criticized Moody’s Ratings over its decision to lower the US credit rating, calling the move backward-looking and saying the Trump administration is committed to lowering federal spending.
Gold firms on safe-haven demand after Moody's US downgrade
Gold prices drifted higher on Monday, steered by a softer dollar and safe-haven demand after Moody's downgraded the U.S. government's credit rating. Spot gold rose 1% to $3,234.70 an ounce by 1050 ET (1450 GMT).
What top Wall Street banks are saying about the US debt downgrade
The US is no longer a triple-A sovereign credit, but top banks think investors are focused on other market narratives, with volatility to be short-lived.
Markets Set for Bumpy Ride After Moody's Downgrades US
Good morning. Moody’s US credit downgrade sets the stage for a jolt to the trading week. Big Tech stocks go from a safe bet to a question mark. And Dubai’s sizzling real estate market is drawing the interest of Wall Street giants.
Markets reel after Moody’s strips US of perfect credit score again
Moody’s downgrades the U.S. credit rating for the first time since 1919, citing rising debt. Crypto markets react with Bitcoin and Ethereum slipping as investors weigh broader economic risks.
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Moody's eliminates the US from countries with a perfect rating (AAA)
Moody’s Ratings has stripped the United States of its last perfect credit rating, downgrading its debt from AAA to Aa1. This historic move could unsettle financial markets and lead to higher interest rates.
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