Billionaire investor Ray Dalio has warned that the recent market turbulence is part of a larger global crisis. The turmoil has been triggered mainly by President Trump's tariff policies.

In a new statement, Dalio described the situation as a 'once-in-a-lifetime' breakdown of the global order. He emphasised that this disruption is driven by forces far beyond short-term market volatility.

Dalio pointed to five key forces reshaping the world. These include unsustainable debt, domestic political unrest, shifts in global power, environmental challenges, and the rise of technologies like AI.

He stressed that tariffs are just a symptom of larger systemic issues. One key issue is the imbalance between debtor nations, such as the US, and creditor nations like China.

The relationship between cryptocurrency markets and equities has become more intertwined. Bitcoin, in particular, has shown increased sensitivity to macroeconomic factors. It may decouple from risk assets, outperforming tech stocks despite rising yields and inflation fears.

As global financial and political structures continue to unravel, markets are likely to face more widespread disruptions.