Bitcoin Shrugs Off US Downgrade and Coinbase Woes—Because Decentralization Doesn’t Care
Wall Street’s credit panic and exchange drama? Just another Tuesday for BTC.
While traditional markets flinch at the US rating cut and Coinbase grapples with regulators, Bitcoin’s price action barely blinked. The OG crypto keeps trading like a hedge against the very system that keeps trying to define it.
Funny how a ’speculative asset’ outpaces bonds when the ’risk-free’ rate gets questioned. Maybe the real junk rating belongs to legacy finance’s playbook.