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Fitch lowers El Salvador’s rating due to Bitcoin adoption

February 10, 2022 by DIGIT
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“Policy unpredictability” and “adoption of Bitcoin as legal tender” are part of the reasons why the country received a downgrade from Fitch.

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Categories Bitcoin, El Salvador, Fitch, rating
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  • bitcoinBitcoin(BTC)$67,767.00-1.13%
  • ethereumEthereum(ETH)$1,996.890.39%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.490.45%
  • binancecoinBNB(BNB)$618.99-0.62%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$85.23-0.15%
  • tronTRON(TRX)$0.281802-0.93%
  • dogecoinDogecoin(DOGE)$0.1012060.53%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.38%
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  • bitcoinBitcoin(BTC)$67,767.00-1.13%
  • ethereumEthereum(ETH)$1,996.890.39%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.490.45%
  • binancecoinBNB(BNB)$618.99-0.62%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$85.23-0.15%
  • tronTRON(TRX)$0.281802-0.93%
  • dogecoinDogecoin(DOGE)$0.1012060.53%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.38%