Bridgewater Fund’s Dalio: Buy a Little Bitcoin! Major Bullish News Is Here! $BTC
On the weekend, BTC surged sharply and then pulled back to the 76k area to consolidate. After the surge and a breather, there’s nothing particularly fresh.
Ray Dalio, founder of Bridgewater Associates, published a long post two days ago titled “How Nations Go Broke: The Dynamics of What’s Happening Now.” He discussed three things currently happening in the U.S. Treasury market. First, the Japanese government is selling part of its holdings of U.S. Treasuries, bringing money back home and propping up the yen. Second, yields on long-term U.S. Treasuries hit new highs, forcing the U.S. Treasury to step in. Third, Treasury Secretary Scott Bessent announced that he would repurchase U.S. Treasuries, but Dalio added one line: his abilities are limited.
Dalio said these three developments perfectly match the big-debt-cycle template described in his book. Then he pointed to the direction that has excited the crypto crowd: gold should make up 10% to 15% of a portfolio; meanwhile, overweight gold and a little Bitcoin, and underweight bonds.
A man with a fortune of 15 billion USD who once ran the world’s largest hedge fund places Bitcoin and gold in the same basket—opposed to bonds. Even if it’s only by a little.
On the weekend, BTC surged sharply and then pulled back to the 76k area to consolidate. After the surge and a breather, there’s nothing particularly fresh.
Ray Dalio, founder of Bridgewater Associates, published a long post two days ago titled “How Nations Go Broke: The Dynamics of What’s Happening Now.” He discussed three things currently happening in the U.S. Treasury market. First, the Japanese government is selling part of its holdings of U.S. Treasuries, bringing money back home and propping up the yen. Second, yields on long-term U.S. Treasuries hit new highs, forcing the U.S. Treasury to step in. Third, Treasury Secretary Scott Bessent announced that he would repurchase U.S. Treasuries, but Dalio added one line: his abilities are limited.
Dalio said these three developments perfectly match the big-debt-cycle template described in his book. Then he pointed to the direction that has excited the crypto crowd: gold should make up 10% to 15% of a portfolio; meanwhile, overweight gold and a little Bitcoin, and underweight bonds.
A man with a fortune of 15 billion USD who once ran the world’s largest hedge fund places Bitcoin and gold in the same basket—opposed to bonds. Even if it’s only by a little.
