Bitcoin vs Gold: Ray Dalio Says Gold Could Outperform BTC Amid AI Bubble Risks

The article compares gold and Bitcoin as portfolio diversifiers amid Ray Dalio’s warning that the AI sector may be in a bubble. Dalio argues gold is a stronger hedge than BTC because it tends to hold up when other assets fall, while Bitcoin is more exposed to hacks and government monitoring. Marketwise, gold has outperformed Bitcoin recently: the XAU/BTC ratio rose 7.5% from July 21 to August 4, helped by easing US-Iran tensions and gold trading above $4,000. Bitcoin, meanwhile, slipped from around $66,000 to the $63,700 area before rebounding 1.8% on the day. Technically, BTC is trying to reclaim its 50-day SMA, and ETF inflows of $170 million on August 3 suggest renewed institutional demand. The piece is broadly constructive for gold versus BTC in the short term, but still leaves room for a Bitcoin recovery if momentum improves.