Ray Dalio warns of U.S. debt crisis – Will Bitcoin be the ultimate safe haven? – BitRss

• 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 ($87,617.06)] and Ethereum [ETH ($2,173.40)] suffering losses of over 8% and 11%, respectively.

Speaking on the Odd Lots