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Ray Dalio Warns Bitcoin Risks as Price Drops Below $87K

11/21/2025

Summary

Story summary

Ray Dalio, founder of Bridgewater Associates, says Bitcoin constitutes about 1% of his investment portfolio and remains skeptical about its potential as a global reserve currency.
Dalio cites Bitcoin's traceability and quantum-security concerns, saying it could be manipulated or hacked.
In a CNBC interview, he warns governments might eliminate Bitcoin if it gains widespread adoption.
Meanwhile, Bitcoin's price fell below $87,000 amid market volatility and large investors' sell-offs.

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Story summary

Ray Dalio, founder of Bridgewater Associates, says Bitcoin constitutes about 1% of his investment portfolio and remains skeptical about its potential as a global reserve currency.
Dalio cites Bitcoin's traceability and quantum-security concerns, saying it could be manipulated or hacked.
In a CNBC interview, he warns governments might eliminate Bitcoin if it gains widespread adoption.
Meanwhile, Bitcoin's price fell below $87,000 amid market volatility and large investors' sell-offs.