{"id":72445,"date":"2026-05-13T08:17:53","date_gmt":"2026-05-13T08:17:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ray-dalio-warns-bitcoins-correlation-with-tech-stocks-hurts-its-safe-haven-appeal\/"},"modified":"2026-05-13T08:17:53","modified_gmt":"2026-05-13T08:17:53","slug":"ray-dalio-warns-bitcoins-correlation-with-tech-stocks-hurts-its-safe-haven-appeal","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ray-dalio-warns-bitcoins-correlation-with-tech-stocks-hurts-its-safe-haven-appeal\/","title":{"rendered":"Ray Dalio Warns Bitcoin\u2019s Correlation With Tech Stocks Hurts Its Safe Haven Appeal"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ray Dalio argues Bitcoin failed as a safe haven in 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin\u2019s 20% first-quarter drop and link to tech stocks bolster Dalio\u2019s view that it is not digital gold.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Michael Saylor defends bitcoin, noting it has outperformed gold since Strategy adopted the asset in 2020.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Dalio: <span>Bitcoin<\/span> Too Small to Rival <span>Gold<\/span><\/h2>\n<p>In a jab likely to rankle the <span>crypto<\/span> community, Bridgewater Associates founder and billionaire Ray Dalio noted that <span>bitcoin<\/span> has struggled to fulfil its promise as a safe haven role. The billionaire argued the asset is still too \u201csmall and controllable\u201d to compete with the real thing. Though <span>bitcoin<\/span> dominates the conversation, Dalio maintains it cannot match the ubiquity or systemic <a href=\"https:\/\/news.bitcoin.com\/gold-at-20k-ron-paul-says-fiat-currency-breakdown-makes-it-possible\/\">importance of the precious metal<\/a>.<\/p>\n<p>Dalio\u2019s remarks, made during a recent podcast, were in response to the host questioning why <span>bitcoin<\/span> has not moved in tandem with <span>gold<\/span>, which is up nearly 9% so far this year. In late January, the precious metal traded above $5,500 per ounce, briefly pushing its year-to-date gains to over 25%.<\/p>\n<p>After reaching that peak, <span>gold<\/span> gradually declined, erasing most of its gains by late March. However, it began rallying again in April, and by May 13, it had reclaimed the $4,700-per-ounce mark.<\/p>\n<p>In contrast, <span>bitcoin<\/span> has had a forgettable 2026 despite a positive start. Market data shows that after surging more than 10% in the first two weeks of the year, the leading <span>cryptocurrency<\/span> tumbled through the remainder of January and into early February, dipping below $60,000. <span>Bitcoin<\/span> ended the first quarter of 2026 down more than 20%. While it has slowly recovered some losses, it remains down 7% for the year.<\/p>\n<p>In a May 11 <a href=\"https:\/\/x.com\/RayDalio\/status\/2053938354425602279\" target=\"_blank\" rel=\"noopener noreferrer\">post<\/a> on X, Dalio also pointed to <span>bitcoin<\/span>\u2019s correlation with equities, particularly tech stocks. While this correlation was less apparent during the early days of the Middle East conflict, <span>bitcoin<\/span> appeared to move in lockstep with tech stocks by the end of March. Dalio argued that this relationship makes the asset less appealing as a haven.<\/p>\n<p>\u201cIt also has a high correlation with tech stocks. When investors get squeezed in other areas of their portfolio, they sell their <span>bitcoin<\/span> to cover it,\u201d he said.<\/p>\n<p>Dalio further argued that <span>bitcoin<\/span>\u2019s <a href=\"https:\/\/news.bitcoin.com\/bitcoins-privacy-debate-how-the-narrative-has-shifted\/\">lack of privacy<\/a> undermines its safe haven credentials. From his perspective, <span>bitcoin<\/span> transactions can be monitored and controlled, which he believes makes central banks unwilling to hold the asset.<\/p>\n<p>Predictably, Dalio\u2019s post triggered a backlash from <span>bitcoin<\/span> proponents, some of whom accused him of ignorance. Michael Saylor, chairman of Strategy, replied to the billionaire, insisting that <span>bitcoin<\/span>\u2019s transparency actually makes it suitable as global collateral.<\/p>\n<p>\u201cSince we adopted the <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> Standard on Aug. 10, 2020, <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> has outperformed <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> with a higher Sharpe ratio,\u201d Saylor added.<\/p>\n<p>Samson Mow also pushed back on Dalio\u2019s privacy concerns, suggesting the billionaire needs to educate himself. Other social media users echoed this sentiment, with some dismissing Dalio as an \u201coverhyped boomer\u201d who has not read the <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> Standard.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/ray-dalio-warns-bitcoins-correlation-with-tech-stocks-hurts-its-safe-haven-appeal\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Ray Dalio argues Bitcoin failed as a safe haven in 2026. Bitcoin\u2019s 20% first-quarter drop and link to tech stocks bolster Dalio\u2019s view that it is not digital gold. Michael Saylor defends bitcoin, noting it has outperformed gold since Strategy adopted the asset in 2020. Dalio: [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":72446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72445"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72445"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72446"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}