Dow Jones shrugs off Moody’s Treasury downgrade
The Dow Jones rose on Monday, tapping the 42,800 region. Moody’s downgraded US debt late last week, sparking a brief hesitation in investor sentiment. Fedspeakers...
Tag : Downgrade
Analyzing Profit Taking Amid Moody’s US Credit Downgrade and Long-Term Bullish Sentiment
Bitcoin’s recent sell-off from $107,000 was largely driven by profit-taking, rather than broader economic contagion linked to Moody’s downgrade of US debt. The cryptocurrency’s resilience...