The Economic Times

Michael Burry sounds alarm as Bitcoin price (BTC USD) slides - why he sees dangerous ripple effects ahead

Michael Burry Bitcoin price (BTC USD) warning: Famed investor Michael Burry warns of a Bitcoin price crash triggering a 'death spiral'. He believes the digital currency is purely speculative. Further declines could strain corporate balance sheets and push Bitcoin miners toward bankruptcy. The crypto ecosystem faces potential lasting damage. This situation is unfolding now with significant implications.