SKY drops 9.76% as Moody's flags thin reserves
- —SKY trades at $0.0783, down 9.76% on the day
- —Moody's assigned a B3 rating, citing reduced reserves
- —Price sits below SMA-7, SMA-15 and SMA-20; RSI at neutral 50.5
- —Daily volume of $30.96M is 10.33% below the 30-day average
Why it matters: Moody's credit warning on Sky's reserves could further erode holder confidence and accelerate outflows from the token.
Source: DiarioBitcoin