Bridgewater Associates founder Ray Dalio has shifted his portfolio allocation recommendation, suggesting allocating 15% of investments to either Bitcoin or gold. This move is driven by concerns surrounding US dollar devaluation and the growing risks associated with existing financial markets and currencies. Dalio highlights this shift as a strategic way to diversify portfolios against potential economic instability and currency debasement. He previously held a more modest view on Bitcoin, but the increasing concern over fiat currency risks has led him to consider it as a hedge alongside traditional assets like gold. This recommendation indicates a growing interest in alternative investments for hedging against financial vulnerabilities. The move by a prominent financier underscores the potential appeal of Bitcoin as a store of value and reflects broader investor sentiment towards digital assets amidst concerns about inflation. Dalio’s insights may impact investment strategies and portfolio rebalancing, potentially leading to increased flows into Bitcoin and gold markets.