Which cryptocurrencies are most affected by changes in Standard and Poor's credit rating?

1 answers

• May 02, 2022 · 3 years ago
  At BYDFi, we closely monitor the impact of credit rating changes on cryptocurrencies. While it's challenging to determine which cryptocurrencies are most affected, we have observed that stablecoins like Tether (USDT) and cryptocurrencies backed by physical assets tend to be more sensitive to credit rating changes. However, it's important to conduct thorough research and consider multiple factors before making any investment decisions based on credit rating changes.
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