Quick Take Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ on Aug.1 has led to an interesting shift in the crypto market, with Bitcoin peaking at $30,000. ZeroHedge highlighted that a similar downgrade in 2011, triggered market turbulence, causing Treasury yields to crash and record-high gold prices. However, this time, the … Continue reading Fitch downgrades US credit rating, Bitcoin peaks to $30k in stable market