Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months.
Bitcoin(BTC)$89,084.00-3.66%
Ethereum(ETH)$3,154.18-4.10%
Tether(USDT)$1.000.04%
Solana(SOL)$216.29-0.36%
BNB(BNB)$636.480.07%
Dogecoin(DOGE)$0.399137-3.27%
XRP(XRP)$0.730.16%
USDC(USDC)$1.000.10%
Lido Staked Ether(STETH)$3,164.02-3.74%
Cardano(ADA)$0.56-5.57%