Bitcoin News Today: Ray Dalio triples Bitcoin-gold portfolio allocation to 15% amid U.S. debt crisis

Ray Dalio, founder of Bridgewater Associates, has updated his asset allocation strategy, advising investors to allocate 15% of their portfolios to either Bitcoin or gold to mitigate risks from currency devaluation and systemic debt pressures. This recommendation marks a notable shift from his earlier January 2022 guidance, which suggested a 1%-2% Bitcoin allocation. Dalio cited the U.S. debt crisis—characterized by a $36.7 trillion national debt burden and an anticipated $12 trillion in new Treasury issuance over the coming year—as a primary driver of his revised stance. He described this dynamic as a “debt doom loop,” where governments increasingly issue debt to service existing obligations, eroding the value of fiat currencies and amplifying the appeal of hard assets like Bitcoin and gold [1].

The U.S. Treasury’s recent projection of $1 trillion in new borrowing for the third quarter of 2025—$453 billion higher than initially estimated—further underscores Dalio’s concerns. Similar fiscal challenges are emerging in other Western economies, including the U.K., where rising debt levels threaten to weaken currencies against tangible stores of value [2]. Dalio emphasized that both Bitcoin and gold serve as effective diversifiers in such an environment, though he personally favors gold over Bitcoin. While he admitted to holding “some Bitcoin, but not much,” he noted that the exact allocation between the two assets should be tailored to individual investor preferences [3].

Despite endorsing Bitcoin as a hedge against inflation and currency erosion, Dalio remains skeptical about its potential as a global reserve currency. He highlighted the cryptocurrency’s lack of privacy and the transparency of its blockchain as critical barriers, arguing that central banks are unlikely to adopt Bitcoin for official monetary use due to its code’s potential vulnerabilities [4]. His comments contrast with the strong performance of both assets: Bitcoin recently traded near $118,100, while gold hit record highs amid ongoing fiscal uncertainty [5].

The shift in Dalio’s stance aligns with broader macroeconomic anxieties. A July 2025 Treasury report revealed worsening fiscal pressures, with the government projected to borrow an additional $590 billion in Q4 2025. Analysts suggest Dalio’s 15% recommendation reflects growing investor interest in de-risking portfolios against inflation and geopolitical volatility. However, his continued favoritism for gold highlights lingering doubts about Bitcoin’s long-term utility as a stable store of value [6].

Coinciding with Dalio’s public comments, Michael Saylor’s firm, Strategy, paused Bitcoin purchases for the second time in July, holding at 607,770 BTC. This follows a slowdown in the company’s accumulation pace, with July’s purchases totaling 10,445 BTC—a 39% decline from June. Despite the pause, Strategy recently expanded its fundraising round to $2.52 billion to support future Bitcoin acquisitions, underscoring the firm’s commitment to its BTC strategy [7].

The market’s response to Dalio’s remarks remains to be seen, but the emphasis on hard assets signals a paradigm shift in asset allocation strategies amid deteriorating fiscal fundamentals. As governments grapple with record debt and currency devaluation risks, the demand for Bitcoin and gold is likely to remain a focal point for investors seeking refuge in resilient assets [8].

Sources:

[1] "Ray Dalio Suggests 15% Portfolio Allocation To Bitcoin," Cointelegraph (https://cointelegraph.com/news/ray-dalio-suggests-15-percent-bitcoin-allocation)

[2] "CN Wire on X: Ray Dalio suggests putting 15% in Bitcoin," X (https://x.com/Sino_Market/status/1950034993595764862)

[3] "Ray Dalio proposes 15% allocation to Bitcoin and gold," Mitrade (https://www.mitrade.com/au/insights/news/live-news/article-3-993272-20250729)

[4] "Bitcoin News Today: Ray Dalio triples Bitcoin-gold portfolio allocation," AInvest (https://www.ainvest.com/news/bitcoin-news-today-ray-dalio-triples-bitcoin-gold-portfolio-allocation-15-debt-hits-36-7-trillion-2507/)

[5] "Dalio's 15% Rule: Gold or Bitcoin?" CoinPaprika (https://coinpaprika.com/news/dalio-recommends-15-in-bitcoin/)

[6] "BTCUSD - Ray Dalio suggests putting 15% in Bitcoin," advfn.com (https://mx.advfn.com/bolsa-de-valores/COIN/BTCUSD/crypto-news/96510256/ray-dalio-suggests-putting-15-in-bitcoin-gold-am)

[7] "UK stuck in 'debt loop', warns hedge fund billionaire," Proactive (https://www.proactiveinvestors.com/companies/news/1075531/uk-stuck-in-debt-loop-warns-hedge-fund-billionaire-1075531.html)

[8] "Ray Dalio Urges Bitcoin Or Gold: Says Fiat's On A Slippery," FinanceFeeds (https://financefeeds.com/ray-dalio-urges-bitcoin-or-gold/)