Michael Burry Warns of 'Death Spiral' From Bitcoin Plunge

February 05, 2026 at 02:40 PM
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What You Need To Know

  • Michael Burry rose to prominence for his wager against the U.S. housing market ahead of the 2008 financial crisis
  • Bitcoin has fallen 40% since peaking in October and hasn't responded to global tensions as gold and silver have.
  • Further losses could trigger widespread selling that could contaminate other markets, he says.

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