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US debt crisis may trigger Bitcoin surge rivaling gold, warns Ray Dalio and JPMorgan.

Market News
09 May 2026
Forbes
Bullish
pluang ai news

Amid rising US debt nearing $39 trillion and warnings of dollar collapse from billionaire Ray Dalio, Bitcoin is predicted to surge as a safe haven asset. Dalio highlights the unsustainable US deficit and historical trends where fiat currencies decline while gold rises. JPMorgan analysts foresee a shift from gold to Bitcoin due to its capped supply and growing ETF inflows, especially after geopolitical tensions like the US-Iran conflict. Other investors like Stanley Druckenmiller and Elon Musk also predict the dollar's decline, fueling speculation that Bitcoin could become a dominant reserve asset in the future.

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