Ray Dalio, the billionaire hedge fund manager, recently expressed concerns that the U.S. is facing 'something worse than a recession' due to President Trump's aggressive tariff strategy, which he believes is breaking down the monetary order. Dalio warned of potential international conflicts that could disrupt the world economy if economic policies are not managed correctly. Bitcoin's price has been sensitive to these developments, hovering around $85,000, albeit with recent fluctuations following mixed signals regarding tariffs from the Trump administration. The news of exemptions for certain tech products from tariffs led to a brief price increase for Bitcoin. A CoinShares report noted a third consecutive week of outflows from digital asset investment products, indicating growing skepticism among traders about Bitcoin's future performance, which contrasts with the positive performance of gold. In the prediction markets, expectations for Bitcoin's price remain divided, reflecting the uncertainty in the current economic climate. Meanwhile, the broader cryptocurrency market showed mixed results with concerns persisting over economic volatility, particularly in relation to trade policies with China.

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