达利欧拆解“纸面财富”陷阱，警告AI热潮或重现1929和2000年泡沫时刻

【达利欧拆解“纸面财富”陷阱，警告AI热潮或重现1929和2000年泡沫时刻】金色财经报道，全球最大对冲基金桥水基金（Bridgewater Associates）创始人瑞·达利欧（Ray Dalio）发出迄今最严厉的市场警告，称当前围绕人工智能（AI）的投资热潮，正在将市场推向类似1929年和2000年的泡沫阶段。达利欧近日在播客《The Diary of a CEO》中表示，投资者必须认清一个关键现实：“股市财富不是现金。”他认为，当前市场创造了大量账面财富，但这些财富并不代表真实现金流。当主持人史蒂文·巴特利特（Steven Bartlett）提及投资人杰里米·格兰瑟姆（Jeremy Grantham）关于“美国历史上最大投资泡沫”的判断时，达利欧回应：“他说得对。”格兰瑟姆此前曾准确预警日本资产泡沫、互联网泡沫以及2007年金融危机前的房地产泡沫。达利欧认为，当前市场已出现多个泡沫典型特征：SpaceX(SPCX.O)完成史上最大规模IPO，Anthropic和OpenAI估值持续冲高，大量资金正在追逐尚未完全兑现盈利能力的AI资产。阿卡迪安资产管理公司（Acadian Asset Management）投资专家欧文·拉蒙特（Owen Lamont）提出的“泡沫四骑士”理论也显示，泡沫往往伴随四大信号：资产估值过高、投资者明知价格高企仍继续押注、企业大规模发行股票融资，以及大量新资金流入市场。达利欧解释称，泡沫的本质在于“纸面财富”被误认为真实财富。()
热门交易所
排名 # 交易平台 24H成交额 成交涨跌幅 活跃度 交易平台 活跃度
1
欧易OKXLOGO
OKX 欧易OKX
$181.21亿 -11.53% 86.7% 86.7%
2
火币huobiLOGO
HTX 火币huobi
$27.10亿 0.44% 68.6% 68.6%
3
币安网LOGO
Binance 币安网
$407.82亿 -8.04% 85.4% 85.4%
4
CoinbaseLOGO
Coinbase Coinbase
$9.20亿 -15.29% 69.3% 69.3%
5
BybitLOGO
Bybit Bybit
$110.93亿 -6.72% 65.3% 65.3%
6
Crypto.comLOGO
Crypto.com Crypto.com
$12.38亿 -8.26% 53.3% 53.3%
7
BitfinexLOGO
Bitfinex Bitfinex
$2.07亿 19.5% 65.3% 65.3%
8
K网(Kraken)LOGO
Kraken K网(Kraken)
$7.55亿 -8.95% 68.4% 68.4%
9
UpbitLOGO
Upbit Upbit
$2.86亿 -20.92% 56.9% 56.9%
10
BitgetLOGO
Bitget Bitget
$71.90亿 0.51% 71.1% 71.1%
11
DeribitLOGO
Deribit Deribit
$4.30亿 5.27% 36.2% 36.2%
12
双子星（Gemini）LOGO
Gemini 双子星（Gemini）
$2,989.30万 -18.5% 59.5% 59.5%
13
币王LOGO
BiKing 币王
$220.64亿 -0.44% 31% 31%
14
MEXCLOGO
MEXC MEXC
$111.34亿 1.32% 76.2% 76.2%
15
BithumbLOGO
Bithumb Bithumb
$1.42亿 -9.36% 66.9% 66.9%
16
大门LOGO
gate.io 大门
$109.08亿 -12.59% 55.2% 55.2%
17
币泰LOGO
BitTap 币泰
$11.58亿 -6.59% 26% 26%
18
HyperliquidLOGO
Hyperliquid Hyperliquid
$16.30亿 26.39% 46.9% 46.9%
19
Uniswap v3 (Base)LOGO
Uniswap v3 (Base) Uniswap v3 (Base)
$1.08亿 -10.61% 31.5% 31.5%
20
bitFlyerLOGO
bitFlyer bitFlyer
$1,683.22万 -21.41% 58.2% 58.2%
今日行情
排名 # 币种 最新价 24H最高 24H最低 24H量 流通市值 24H涨跌幅 币种 最新价 24H涨跌幅
1
比特币LOGO
BTC 比特币
$ 64350.5 $6.55万 $6.42万 $2.34亿 $1.29兆 -1.34% -1.34%
2
以太坊LOGO
ETH 以太坊
$ 1878.76 $1,938.20 $1,871.71 $1.51亿 $2,267.54亿 -2.44% -2.44%
3
瑞波币LOGO
XRP 瑞波币
$ 1.0252 $1.05 $1.02 $1,917.57万 $624.52亿 -1.77% -1.77%
4
币安币LOGO
BNB 币安币
$ 601.7 $611.00 $599.60 $822.51万 $820.48亿 -1.13% -1.13%
5
USD CoinLOGO
USDC USD Coin
$ 1.0008 $1.00 $1.00 $3,753.59万 $707.71亿 0% 0%
6
SolanaLOGO
SOL Solana
$ 76.08 $77.82 $75.84 $4,771.21万 $431.03亿 -1.66% -1.66%
7
波场LOGO
TRX 波场
$ 0.331 $0.33 $0.33 $65.81万 $313.52亿 0.27% 0.27%
8
狗狗币LOGO
DOGE 狗狗币
$ 0.06977 $0.07 $0.07 $1,194.30万 $117.37亿 -1.3% -1.3%
9
比特现金LOGO
BCH 比特现金
$ 214.34 $218.14 $213.33 $18.25万 $42.82亿 -1.74% -1.74%
10
HyperliquidLOGO
HYPE Hyperliquid
$ 54.46 $55.30 $53.78 $802.41万 $184.81亿 -0.74% -0.74%
11
艾达币LOGO
ADA 艾达币
$ 0.19553 $0.20 $0.19 $428.80万 $70.30亿 -0.91% -0.91%
12
Wrapped BitcoinLOGO
WBTC Wrapped Bitcoin
$ 64291.8 $6.50万 $6.43万 $1,649.62 $82.88亿 -0.98% -0.98%
13
UNUS SED LEOLOGO
LEO UNUS SED LEO
$ 9.64 $9.80 $9.11 $3.52万 $88.85亿 -0.96% -0.96%
15
恒星币LOGO
XLM 恒星币
$ 0.1624 $0.17 $0.16 $70.60万 $52.64亿 -0.49% -0.49%
16
莱特币LOGO
LTC 莱特币
$ 45.26 $46.43 $45.09 $38.97万 $34.72亿 -2.51% -2.51%
17
Hedera HashgraphLOGO
HBAR Hedera Hashgraph
$ 0.06827 $0.07 $0.07 $15.56万 $29.21亿 -1.45% -1.45%
18
大零币LOGO
ZEC 大零币
$ 503.97 $522.89 $498.39 $413.83万 $83.04亿 -3.6% -3.6%
19
AvalancheLOGO
AVAX Avalanche
$ 6.46 $6.59 $6.38 $49.09万 $27.79亿 -1.55% -1.55%
20
Shiba InuLOGO
SHIB Shiba Inu
$ 0.000004617 $0.00 $0.00 $28.46万 $27.21亿 -0.68% -0.68%
21
SuiLOGO
SUI Sui
$ 0.6925 $0.71 $0.68 $353.35万 $26.26亿 -1.25% -1.25%
22
CronosLOGO
CRO Cronos
$ 0.0469 $0.05 $0.05 $12.96万 $18.10亿 -3.17% -3.17%
23
worldlibertyfinancial-educationLOGO
WLFI worldlibertyfinancial-education
$ 0.05329 $0.05 $0.05 $79.59万 $14.25亿 0.73% 0.73%
24
UniswapLOGO
UNI Uniswap
$ 3.948 $4.12 $3.91 $63.79万 $25.08亿 -2.97% -2.97%
25
波卡币LOGO
DOT 波卡币
$ 0.8032 $0.82 $0.80 $27.61万 $13.28亿 -1.03% -1.03%
26
MantleLOGO
MNT Mantle
$ 0.4348 $0.44 $0.42 $20.21万 $14.14亿 2.13% 2.13%
27
PAX GoldLOGO
PAXG PAX Gold
$ 4354.05 $4,360.74 $4,308.90 $26.21万 $16.58亿 -0.07% -0.07%
28
AsterLOGO
ASTER Aster
$ 0.6053 $0.62 $0.60 $21.40万 $15.11亿 0.24% 0.24%
29
AaveLOGO
AAVE Aave
$ 90.08 $92.88 $89.57 $238.97万 $13.79亿 -1.85% -1.85%
30
HTXLOGO
HTX HTX
$ 0.0000018135 $0.00 $0.00 $1,383.79 $18.13亿 0.72% 0.72%
31
BittensorLOGO
TAO Bittensor
$ 202.63 $210.29 $200.42 $141.65万 $21.41亿 -3.35% -3.35%
32
OK币LOGO
OKB OK币
$ 93.72 $95.04 $92.91 $203.25万 $19.68亿 -0.91% -0.91%
33
PepeLOGO
PEPE Pepe
$ 0.000002878 $0.00 $0.00 $411.50万 $12.11亿 -0.62% -0.62%
34
以太经典LOGO
ETC 以太经典
$ 6.456 $6.54 $6.41 $15.69万 $10.01亿 -1.13% -1.13%
35
NEAR ProtocolLOGO
NEAR NEAR Protocol
$ 1.621 $1.67 $1.60 $449.99万 $20.82亿 -0.85% -0.85%
36
Internet Computer(Dfinity)LOGO
ICP Internet Computer(Dfinity)
$ 2.253 $2.25 $2.17 $30.48万 $12.31亿 1.71% 1.71%
37
Pi NetworkLOGO
PI Pi Network
$ 0.08838 $0.09 $0.09 $67.41万 $7.41亿 -1.83% -1.83%
38
WorldcoinLOGO
WLD Worldcoin
$ 0.345 $0.35 $0.31 $1,052.84万 $9.33亿 6.28% 6.28%
39
阿童木LOGO
ATOM 阿童木
$ 1.417 $1.42 $1.37 $3.31万 $6.90亿 2.31% 2.31%
40
First Digital USDLOGO
FDUSD First Digital USD
$ 0.998 $1.00 $1.00 $913.36万 $9.81亿 -0.01% -0.01%
41
EthenaLOGO
ENA Ethena
$ 0.08851 $0.09 $0.09 $383.61万 $7.04亿 0.92% 0.92%
42
USDDLOGO
USDD USDD
$ 0.998 $1.00 $1.00 $3.08万 $8.54亿 -0.19% -0.19%
43
KaspaLOGO
KAS Kaspa
$ 0.0261 $0.03 $0.03 $26.35万 $7.07亿 -1.8% -1.8%
44
QuantLOGO
QNT Quant
$ 57.96 $59.04 $57.78 $2.72万 $7.00亿 -1.74% -1.74%
45
AlgorandLOGO
ALGO Algorand
$ 0.08174 $0.09 $0.08 $12.17万 $7.23亿 -5.07% -5.07%
46
FlareLOGO
FLR Flare
$ 0.006092 $0.01 $0.01 $9.75万 $5.04亿 -0.03% -0.03%
47
XDC NetworkLOGO
XDC XDC Network
$ 0.02768 $0.03 $0.03 $6.08万 $5.28亿 2.78% 2.78%
48
AptosLOGO
APT Aptos
$ 0.5901 $0.60 $0.59 $9.58万 $4.43亿 -1.69% -1.69%

快讯

更多