Fitch Downgrade US Credit Rating to AA+

https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023

https://en.wikipedia.org/wiki/United_States_federal_government_credit-rating_downgrades

The last time US got downgraded from AAA to AA+ by S&P was on 05 Aug 2011, stocks, oil and Bitcoin went down, then gold went up, the dollar index eventually went up.

This time Fitch downgraded the US from AAA to AA+ on 01 Aug 2023, I wonder what will happen, will history repeat?

Anyway I have standby some cash to buy the Bitcoin dip.


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