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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)$67,819.00-0.33%
  • ethereumEthereum(ETH)$1,996.921.24%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.48-0.04%
  • binancecoinBNB(BNB)$620.530.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$84.84-0.05%
  • tronTRON(TRX)$0.281911-0.48%
  • dogecoinDogecoin(DOGE)$0.1011190.50%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.042.08%
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  • bitcoinBitcoin(BTC)$67,819.00-0.33%
  • ethereumEthereum(ETH)$1,996.921.24%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.48-0.04%
  • binancecoinBNB(BNB)$620.530.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$84.84-0.05%
  • tronTRON(TRX)$0.281911-0.48%
  • dogecoinDogecoin(DOGE)$0.1011190.50%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.042.08%