Menu

Bitcoin Stalls at $103K After US Credit Downgrade Sparks Debt Concerns and Market Uncertainty

Avatar photo Sonny S. Watts 2 days ago

Moody’s downgraded the United States credit rating from Aaa to Aa1 on May 16, 2025, citing long-term fiscal deterioration. The downgrade ended a century-long era in which the US held a perfect credit rating from all major agencies. S&P downgraded the US in 2011, and Fitch followed in 2023. Moody’s downgrade leaves the country without […]

The post Bitcoin Stalls at $103K After US Credit Downgrade Sparks Debt Concerns and Market Uncertainty appeared first on Coinchapter.

Written By

Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.