Fitch downgrades the US credit rating from AAA to AA+
1 min read
What impact do you think this will have on crypto in the short term and also in the long term?
I’m thinking in the short term with the stock market dropping probably because of this, at least some kind of volatility. This could be positive or negative depending on correlation with tradfi.
Long term, maybe it would be good for some crypto like BTC as the whole “safe haven” narrative will again, come into play.
What do you guys think?
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