Bitcoin has soared back after losing ground earlier this week, climbing toward its all-time high price of over $60,000.

The bitcoin price hit an all-time high of around $62,000 per bitcoin earlier this month—more than double where it began the year—but has since fallen back, despite Elon Musk’s Tesla bombshell this week.

Now, the billionaire founder of the world’s largest hedge fund and legendary investor Ray Dalio has warned he thinks there’s a “good probability” bitcoin will be banned by the U.S. government—comparing it to the 1930’s U.S. gold ban.

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