Cryptocurrencies Outperform Traditional Assets Amid Moody’s US Credit Downgrade

Despite a market downturn following Moody’s downgrade of the US credit rating, cryptocurrencies continue to show strength. Ethereum (ETH) and Bitcoin (BTC) experienced significant gains over the weekend, exceeding $2,900 and nearing $106,000 respectively. This resilience underscores the growing confidence in digital assets as a potential hedge against economic uncertainty.