Derived from Crypto.News, Michael Burry, the investor known for predicting the 2008 financial crisis, has again criticized Bitcoin, calling it 'worth nothing' and labeling its price surge as a speculative bubble. Burry, who gained fame through Michael Lewis' 'The Big Short,' stated that Bitcoin's elevated valuations reflect speculative behavior rather than fundamental support. He also expressed concerns about the broader stock market, warning of potential years of poor performance due to inflated valuations and passive investing structures.
Michael Burry Reiterates Bitcoin Is 'Worth Nothing' Despite Price Rebound
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