Bridgewater Associates founder: US dollar debt crisis is one of the factors driving up gold and cryptocurrency prices

Ray Dalio, founder of Bridgewater Associates, wrote on the X platform that he believes that relaxing cryptocurrency regulations will not pose a risk to the US dollar's reserve currency status, but he does believe that the debt difficulties of the governments of the countries issuing the US dollar and other reserve currencies are threatening their attractiveness as reserve currencies and means of storing wealth, which is one of the factors driving up the prices of gold and cryptocurrencies.