Billionaire hedge fund manager and Bitcoin aficionado Ray Dalio is sounding the alarm about the economy—much as he did ahead of the 2008 financial crisis.
It’s a new week and Bitcoin is flat on the day, hanging below the $85,000 mark as tech stocks rebound thanks to tariff exemptions on smartphones and other electronics that are giving the markets a boost. And Strategy (MSTR) just announced a $286 million Bitcoin buy, continuing to accumulate amid recent volatility.
While Monday has started a bit sunnier than some recent trading days, the vibes aren’t all positive. Billionaire hedge fund manager and Bitcoin enthusiast Ray Dalio warned on “Meet the Press” over the weekend that there’s potentially massive financial disruption on the horizon—echoing his warnings ahead of the 2008 financial crisis.
Saying that he foresees a “breaking down of the monetary order” amid President Trump’s growing global trade war, Dalio said that the result could be “something that is much worse than a recession.”
“We are having profound changes in our domestic order […] and we're having profound changes in the world order. Such times are very much like the 1930s,” Dalio said. “I've studied history, and this repeats over and over again.”
Bitcoin Price Flat as Ray Dalio Warns 'Something Worse Than a Recession' Looming
The Bitcoin price is hovering around $85,000 as Bridgewater founder Ray Dalio predicts “something worse than a recession” on horizon.
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Strategy said that it acquired around 3,450 Bitcoin worth $286 million last week, as its stock fell as low $236 amid tariff-related jitters.
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📊 MYRIAD Market of the Day
Bitcoin price above $85,000 on April 16, 2025, at 11:59pm UTC?
Trade “Bitcoin price above $85,000 on April 16, 2025, at 11:59pm UTC?” on Myriad
💬 Quote of the Day
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“We want to make sure that those in D.C. policy-making circles and everyone advocating for their interests here are aware of all the cool stuff happening on Solana and the possibilities of development on-chain.”
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