Citadel CEO Ken Griffin Warns De-Dollarization Amid Gold Bitcoin Surge

In 2025, the U.S. dollar has experienced a significant decline, losing about 10% of its value and prompting investors to shift towards alternative assets like gold and Bitcoin. Citadel CEO Ken Griffin highlighted this trend as a potential de-dollarization, driven by concerns over U.S. fiscal and monetary stability amid a partial government shutdown and anticipated federal rate cuts. Gold futures have surged past $4,000 an ounce, increasing over 50% this year, while Bitcoin reached new all-time highs above $125,000, attracting institutional investors as a modern inflation hedge. This shift reflects a broader "debasement trade" narrative where investors seek to protect portfolios from currency debasement by moving into hard assets and cryptocurrencies. The correlation between gold and Bitcoin is strengthening, with both increasingly viewed as parallel safe havens amid doubts about the dollar's long-term purchasing power. Market analysts suggest this marks a generational macroeconomic shift reminiscent of the dollar's decline during the Bretton Woods collapse in 1973.