Bitcoin is back in the spotlight after breaking above $120,000, its highest level since mid-August. Profit-taking exceeded $3.7 billion in a single day, ranking as one of the five largest events of 2025.
Billionaire investor Ray Dalio described Bitcoin as “alternative money,” comparing it to traditional hard assets such as gold and silver. In his words, the cryptocurrency’s recognition as a store of value makes it “impossible to ignore.”
Although Dalio admits he only holds a small amount personally, he stressed that Bitcoin’s limited supply of 21 million coins gives it the characteristics of hard money. Still, he questioned whether central banks would ever adopt it as a reserve currency, citing regulatory risks and the demand for transparent records.
This isn’t the first time Dalio has praised Bitcoin. Earlier this year, he said the asset was joining the ranks of hard money alongside precious metals. His views echo those of Robert Kiyosaki, who continues to urge investors to hedge against financial uncertainty with Bitcoin, gold, and silver.
With global bond markets under pressure and U.S. treasuries losing appeal, investors are increasingly turning to alternative assets. Bitcoin’s capped supply continues to set it apart from fiat currencies, reinforcing its appeal as a hedge against inflation.
Disclaimer: This content does not constitute trading or investment recommendations. It’s essential to conduct your own research before purchasing any cryptocurrency or investing in any services.
