Is Bitcoin A Safe Haven If Ray Dalio’s ‘Worse Than A Recession’ Warning Comes True?
Posted On April 14, 2025
Bitcoin (CRYPTO: BTC) could emerge as a critical financial alternative if Ray Dalio‘s warnings about a breakdown of the monetary order materialize, though the cryptocurrency would likely face extreme volatility before potentially establishing itself as a safe-haven asset.
What Happened: Dalio, founder of Bridgewater Associates, warned on Sunday on NBC’s “Meet the Press” that the United States is very close to a recession and potentially faces “something worse than a recession if this isn’t handled well.”
He specifically highlighted concerns about excessive government debt, predicting that without reducing the budget deficit to 3% of GDP, the U.S. could face a “supply/demand problem …