FeesSafety
Pluang+

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

Market News
24 Aug 2026, 03:05 WIB
Crypto Briefing
View Source
Bullish
Bitcoin jumps 23% as Ray Dalio warns of a looming US debt crisis within three years

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.

More News

Duke Robotics expands IC Drone platform to Greece via strategic deal with CRONOS for energy sector projects

Duke Robotics expands IC Drone platform to Greece via strategic deal with CRONOS for energy sector projects

Duke Robotics has entered a strategic collaboration with Greek security firm CRONOS to commercialize its Insulator Cleaning Drone (IC Drone) technology in Greece. This partnership leverages CRONOS's strong presence in Greece's critical infrastructure...

Market News
Bullish
15 minutes ago
Alm. Brand A/S buys back 1.37 million shares, holding 3.89% of total shares as part of ongoing repurchase program.

Alm. Brand A/S buys back 1.37 million shares, holding 3.89% of total shares as part of ongoing repurchase program.

Alm. Brand A/S repurchased 1,369,397 shares between November 3 and 9, 2026, at an average price of DKK 17.46 per share. This is part of their announced buy-back program totaling up to DKK 593 million, aiming to reduce the number of outstanding shares...

Company Fundamentals
Neutral
15 minutes ago
H&R Block offers Emerald Advance Loan up to $1,750 with no monthly payments, due March 2027.

H&R Block offers Emerald Advance Loan up to $1,750 with no monthly payments, due March 2027.

H&R Block has launched the Emerald Advance Loan, a fixed-rate short-term loan up to $1,750 with a 35.90% APR, designed to help families cover year-end expenses without monthly payments. Borrowers repay the loan in full by March 31, 2027, with no impa...

Market News
Bullish
15 minutes ago
Novartis tops 2026 Access to Medicine Index, leading in all technical areas for expanding global medicine access.

Novartis tops 2026 Access to Medicine Index, leading in all technical areas for expanding global medicine access.

Novartis has secured first place in the 2026 Access to Medicine Index, maintaining its lead since 2024 by excelling across all assessed technical areas, including governance, R&D, and product delivery. The company scored 3.86 out of 5 overall, with a...

Market News
Bullish
15 minutes ago
Viasat wins $450M U.S. Space Force contract to develop Space Data Network Backbone operations center.

Viasat wins $450M U.S. Space Force contract to develop Space Data Network Backbone operations center.

Viasat has been awarded a $450 million IDIQ contract by the U.S. Space Force to support the design, development, and sustainment of the Space Data Network Backbone (SDN-B) mission operations center. This network aims to provide resilient, high-capaci...

Market News
Bullish
15 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App