Bitcoin Price to $4,000 Even as Ray Dalio Calls it a “Bubble”

As Bitcoin recovers $1,000 in less than four days, another institutional giant is voicing his doubts about the volatile cryptocurrency.

In a Tuesday interview with CNBC, the founder of the world’s largest hedge fund, Ray Dalio, dubbed the cryptocurrency “a bubble.”

Bitcoin today, you can’t make much transactions of int. You can’t spend it very easily,” Dalio said on CNBC as bitcoin traded up by about 33% from four days earlier, at $4,000. “It’s a shame. It could be a...

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