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<p>"Big Short" investor Michael Burry warned this week that Bitcoin is entering a potential "death spiral."

Burry highlighted that Bitcoin has failed as a safe-haven asset, falling 28% YTD while Gold and Silver reached record highs in January.

He cautioned that another 10% drop could leave Strategy Inc. ($MSTR) billions in the red and "essentially close" capital markets for crypto-holding firms.

The warning coincides with Bitcoin testing $63,295, its lowest level since 2024, as the market faces the steepest ETF redemptions since launch.</p>

"Big Short" investor Michael Burry warned this week that Bitcoin is entering a potential "death spiral."
Burry highlighted that Bitcoin has failed as a safe-haven asset, falling 28% YTD while Gold and Silver reached record highs in January.
He cautioned that another 10% drop could leave Strategy Inc. ($MSTR) billions in the red and "essentially close" capital markets for crypto-holding firms.
The warning coincides with Bitcoin testing $63,295, its lowest level since 2024, as the market faces the

"Big Short" investor Michael Burry warned this week that Bitcoin is entering a potential "death spiral." Burry highlighted that Bitcoin has failed as a safe-haven asset, falling 28% YTD while Gold and Silver reached record highs in January. He cautioned that another 10% drop could leave Strategy Inc. ($MSTR) billions in the red and "essentially close" capital markets for crypto-holding firms. The warning coincides with Bitcoin testing $63,295, its lowest level since 2024, as the market faces the steepest ETF redemptions since launch.

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