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BTCUSD Tumbles as Ray Dalio Warns Against Crypto-Only Portfolios

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The Story

News Summary

  • Billionaire investor Ray Dalio warns that crypto-only portfolios are vulnerable to market cycles due to a lack of diversification.
  • He advocates for a global macro approach, suggesting Bitcoin should only serve as a small percentage of a broader portfolio that includes gold and other assets to mitigate systemic risks.
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BTCUSD price history

78774.79 +19.57% over the displayed period

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