'Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC

BTC

BTC/USDT

$63,127.45

+0.08%

$63,127.45

+0.08%

(24s)

24h Volume

$2,874,413,952.92

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,100.90

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,100.90

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

CoinDesk Staff

(05:43 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Ray Dalio joins the privacy debate, saying Bitcoin’s full transparency makes it less likely to be adopted by central banks.

Bitcoin's BTC$81,235.71 transparency was once considered one of its greatest strengths. Now, Ray Dalio says, it may be the very reason central banks won't adopt it as a reserve asset, even though corporations and institutional investors have embraced it.

The billionaire hedge…