Dalio Warns of Economic Crisis, Bitcoin Price Fluctuates
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Ray Dalio, Bridgewater Associates founder, warned of a potential economic crisis worse than a recession, citing President Trump's tariff policies as a destabilizing factor. His concerns include the weakening value of money and the risk of international conflict. Bitcoin's price has fluctuated in response, initially dropping but recovering after some tariff exemptions. Despite this, a CoinShares report shows three consecutive weeks of digital asset outflows, totaling $795 million. Market predictions on Bitcoin's future are mixed, with analysts noting its recent underperformance compared to gold.
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