Moody's downgrade of the US debt credit rating has led to market sentiment fluctuations, with the prices of Crypto Assets such as Bitcoin and Ethereum falling. Ether dropped to a low of $2380, and Solana, XRP, and ADA also experienced some declines. Although Bitcoin saw a slight rebound, the overall Crypto Assets market remains in an adjustment phase, with a significant amount of positions being liquidated. Moody's credit rating changes may become a catalyst for the market in the future, with current upward pressure being low but still the possibility of a significant breakthrough.
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Moody's downgrade of the US debt credit rating has led to market sentiment fluctuations, with the prices of Crypto Assets such as Bitcoin and Ethereum falling. Ether dropped to a low of $2380, and Solana, XRP, and ADA also experienced some declines. Although Bitcoin saw a slight rebound, the overall Crypto Assets market remains in an adjustment phase, with a significant amount of positions being liquidated. Moody's credit rating changes may become a catalyst for the market in the future, with current upward pressure being low but still the possibility of a significant breakthrough.