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

Avatar photo Sonny S. Watts 10 months 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 […]

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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.