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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)$97,545.00-1.07%
  • ethereumEthereum(ETH)$3,341.92-3.10%
  • tetherTether(USDT)$1.00-0.05%
  • solanaSolana(SOL)$249.98-3.48%
  • binancecoinBNB(BNB)$654.78-1.15%
  • rippleXRP(XRP)$1.38-7.50%
  • dogecoinDogecoin(DOGE)$0.418867-7.01%
  • usd-coinUSDC(USDC)$1.000.02%
  • cardanoCardano(ADA)$0.99-8.34%
  • staked-etherLido Staked Ether(STETH)$3,342.97-3.00%
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  • bitcoinBitcoin(BTC)$97,545.00-1.07%
  • ethereumEthereum(ETH)$3,341.92-3.10%
  • tetherTether(USDT)$1.00-0.05%
  • solanaSolana(SOL)$249.98-3.48%
  • binancecoinBNB(BNB)$654.78-1.15%
  • rippleXRP(XRP)$1.38-7.50%
  • dogecoinDogecoin(DOGE)$0.418867-7.01%
  • usd-coinUSDC(USDC)$1.000.02%
  • cardanoCardano(ADA)$0.99-8.34%
  • staked-etherLido Staked Ether(STETH)$3,342.97-3.00%