- Ray Dalio warns of a U.S. debt crisis, driving interest in alternative assets.
- Trump’s Crypto Strategic Reserve announcement fuels an altcoin surge, reducing Bitcoin dominance.
As the crypto market grapples with sharp declines, billionaire investor Ray Dalio has issued a stark warning about the U.S. economy.
The Bridgewater Associates founder cautions that the nation could face a full-blown debt crisis within the next three years if policymakers fail to intervene.
Comparing the situation to an impending “heart attack”, Dalio highlights soaring debt levels and a potential lack of demand for U.S. Treasuries as critical risks.
What is Ray Dalio concerned about?
His concerns emerge as the global crypto market cap plunges to $2.76 trillion, marking a 7.99% drop in a single day, with Bitcoin [BTC ($87,947.00)] and Ethereum [ETH ($2,948.61)] suffering losses of over 8% and 11%, respectively.
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