Ray Dalio Says Investors Should Own a ‘Bit of BTC’ as US Debt Risks Rise and Bitcoin Price Surges

The Bitcoin price is trading near $77,300, up a modest +0.8% over the past 24 hours, but that stillness belies a wild week. Ray Dalio, the Bridgewater Associates founder who’s been warning about sovereign debt spirals for years, just told investors to hold “a bit of Bitcoin” as US fiscal stress starts matching the pattern he laid out in his book ‘How Countries Go Broke’. In a post published Friday, Dalio pointed to Japan trimming its Treasury holdings, rising long-term yields alongside a weakening dollar, and Treasury Secretary Scott Bessent’s announcement of expanded bond buybacks as evidence the debt dynamic is accelerating. He puts this year’s federal deficit near $2 trillion, with debt held by the public around $32 trillion and interest costs alone approaching $1 trillion annually. His answer: underweight bonds, hold 10-15% in gold, and add Bitcoin as ballast against currency debasement. That framing lands against a backdrop of a genuine BTC rally: the token climbed from roughly $63,500 to above $78,000 in a matter of days last week, a move tied directly to the buyback tweak and roughly $4Bn in forced short liquidations. The question now is whether Dalio’s macro thesis has more...