Just saw that Michael Burry, the guy famous for shorting the housing crisis, is now warning about a potential domino effect if Bitcoin crashes hard. He's connecting it to gold and silver markets - suggesting a major BTC dump could trigger something like a $1 billion selloff across precious metals. Interesting perspective from someone with his track record. Michael Burry's been vocal about macro risks lately, and this warning fits that pattern. Makes you think about how interconnected these markets really are, especially when you've got someone like Michael Burry flagging correlation risks. Definitely worth keeping on the radar if you're holding any precious metals alongside crypto.

BTC0,7%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin