Bitcoin Surges to $100K Amid Fed Warnings and Limited Supply

Bitcoin's price has surged past $100,000, driven by fears of a U.S. dollar crisis and potential Federal Reserve interest rate cuts. Influential investor Ray Dalio has warned of an impending debt crisis that could devalue the dollar, prompting a shift towards assets like bitcoin and gold. The U.S. debt has reached unprecedented levels, exacerbated by pandemic-related spending, leading to inflation concerns. As a result, investors are flocking to bitcoin, anticipating further price increases.