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Bitcoin jumps 23% as Ray Dalio warns of a looming US debt crisis within three years

Market News
23 Aug 2026
Crypto Briefing
View Source
Bullish
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Bitcoin surged about 23% from around $63,000 to the upper $70,000s following Ray Dalio's warning of a potential US debt crisis within three years due to the federal debt surpassing $40 trillion. Dalio advised investors to reduce bond holdings and allocate 10-15% of their portfolios to gold, with a smaller portion to Bitcoin, highlighting these as non-government assets that can protect against currency and debt risks. The US Treasury's announcement to increase long-term debt buybacks failed to ease concerns, reinforcing fears of a growing debt spiral. This rally positions Bitcoin as a macro hedge amid rising long-term yields and fiscal uncertainty, with similar debt pressures noted in other major economies.

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Solana price jumps 6.6% to $82.23 amid US Treasury bond buybacks and crypto market rally

Solana price jumps 6.6% to $82.23 amid US Treasury bond buybacks and crypto market rally

Solana (SOL) surged 6.6% to $82.23 on August 19, 2026, driven by US Treasury's doubled bond buybacks, new SEC crypto rules, and a White House crypto summit. The rise also benefited from increased meme coin trading on Solana's platform and Ethereum's ...

Market News
Bullish
4 hours ago
Walmart launches affordable trendy apparel line to attract younger shoppers and compete with Amazon.

Walmart launches affordable trendy apparel line to attract younger shoppers and compete with Amazon.

Walmart is introducing a new clothing line called Scenario, priced mostly under $25, aimed at younger consumers to regain market share from Amazon. The move reflects Walmart's shift towards offering more stylish and higher-priced apparel to meet cust...

Market News
Bullish
4 hours ago
Ethereum's MVRV golden cross sparks 34% rally, eyeing $5,000 if key resistance breaks

Ethereum's MVRV golden cross sparks 34% rally, eyeing $5,000 if key resistance breaks

Ethereum's MVRV ratio formed a golden cross on August 19, triggering a 34% price surge from $1,905 to $2,547. Whale wallets holding over 10,000 ETH increased by 1.74%, with 17 new large holders joining, indicating strong buying interest. Additionally...

Technical Signals
Bullish
4 hours ago
Bitcoin Cash rallies 33.5% in a week but remains below key resistance at $333, signaling cautious optimism.

Bitcoin Cash rallies 33.5% in a week but remains below key resistance at $333, signaling cautious optimism.

Bitcoin Cash surged 33.5% in the past week to $272.90, recovering from a 12-month low of $190.07 but still 18.1% below its 200-day moving average of $333.10. The rally shows local trend improvement with strong recent volume, yet the overall downtrend...

Technical Signals
Neutral
4 hours ago
Monero trades at $431.95, up 21% in 30 days but still 39% below its 12-month high.

Monero trades at $431.95, up 21% in 30 days but still 39% below its 12-month high.

Monero is currently priced at $431.95, showing a 21.38% increase over the past 30 days but remains 39.4% below its 12-month high of $713.07. The coin trades above key moving averages, indicating a potential uptrend, though the recovery is not complet...

Technical Signals
Bullish
4 hours ago
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