Bitcoin’s Rollercoaster Ride: From $107,000 to $103,000 – What Just Happened? đ¤đ˘

Now, this little escapade coincided with Moodyâs late Friday decision to downgrade the United States’ sovereign credit rating to Aa1. Yes, folks, the worldâs largest economy lost its last triple-A crown, and it wasnât even a royal wedding! Moodyâs cited an âuninterrupted rise in debt and interest costsâ as the culprit. Meanwhile, US 30-year Treasury yields decided to poke above 5% for the first time since April, sending shivers down the spines of equities and high-beta assets alike. đ




