Crypto markets bounced and sentiment improved, but retail has yet to FOMO
The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.”
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Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks
One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender…
Fitch lowers El Salvador’s rating due to Bitcoin adoption
“Policy unpredictability” and “adoption of Bitcoin as legal tender” are part of the reasons why the country received a downgrade from Fitch.
Fitch says proposed Russia crypto ban eases risks but curbs innovation
Russia's retail cryptocurrency operations currently stand at about $5 billion per year.
Big Three Credit Agency Fitch Says Stablecoin Growth Could Be ‘Disruptive’ to Securities Markets
American credit rating agency Fitch Ratings, one of the ‘Big Three’ credit rating agencies, has published a report that says stablecoin growth could affect securities and commercial paper (CP) markets.…