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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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  • ethereumEthereum(ETH)$3,014.58-4.72%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-4.72%
  • binancecoinBNB(BNB)$878.80-2.54%
  • usd-coinUSDC(USDC)$1.000.00%
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  • tronTRON(TRX)$0.2849790.57%
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  • bitcoinBitcoin(BTC)$88,900.00-3.45%
  • ethereumEthereum(ETH)$3,014.58-4.72%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-4.72%
  • binancecoinBNB(BNB)$878.80-2.54%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$131.62-7.27%
  • tronTRON(TRX)$0.2849790.57%
  • staked-etherLido Staked Ether(STETH)$3,019.04-4.40%
  • dogecoinDogecoin(DOGE)$0.138445-7.05%