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Michael Burry Warns AI Stock Declines Could Trigger Crypto Market Crash

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Michael Burry has warned that a drop in AI stocks could trigger a crypto market crash, citing speculative trading and overvaluation as key risks. He’s short on NVIDIA and Palantir, and called Bitcoin a “tulip bubble.” Burry noted that a stock market downturn could drag down the crypto market, referencing the 2022 crypto market update as a cautionary example. His track record adds weight to his current bearish outlook.
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