By Jordan Lyanchev Ray Dalio, once one of the most prominent crypto critics, has made a new case for owning gold and bitcoin as he believes the United States is approaching a dangerous point in its debt cycle. The founder of Bridgewater Associates noted that investors should reduce their exposure to bonds, allocate 10%-15% of […]
Tag: BTC
By Jordan Lyanchev Bitcoin experienced one of its most impressive price increases in recent history since Wednesday afternoon as it skyrocketed by over $15,000 in less than 48 hours to near $80,000 for the first time since mid-May. The old saying, though, ‘what goes up must come down,’ has come into focus now after the […]
By Jordan Lyanchev Bitcoin’s price went on a tear in the past few days, surging to its highest level since mid-May of just under $80,000 after being stuck below $65,000 for weeks and weeks. Naturally, this has changed the overall market sentiment, with on-chain data showing that investor greed is back to levels last seen […]