Don Curren 🇨🇦🇺🇦1 Bloomberg: #MichaelBurry, who rose to prominence for his wager against the #UShousingmarket ahead of the 2008 #financialcrisis, is warning that Bitcoin’s plunge could deepen into a self-reinforcing “death spiral.” 🧵
#Bitcoin #markets
2 Bloomberg: Burry argued in a Substack post that the original #cryptocurrency, which has fallen 40% since peaking in October, has been exposed as a purely #speculativeasset, failing to take off as #gold benefits from investor unease over US deficits and policymaking.
#Bitcoin #markets