'Big Short' investor Michael Burry warns of death spiral ahead for bitcoin
CNBC Television·2026-02-04 23:30
The world's largest cryptocurrency at its lowest level since the pro crypto President Trump won a second term. Nearly$500 billion dollars in crypto market cap gone in just one week. And the selling pressure isn't letting up.And that's the big concern here. Those spot Bitcoin ETFs that were supposed to bring stability are now seeing some of their biggest outflow days since November. Three of them in just the last 10 days of January.We've got Michael Bur, the big short investor who called the 2008 financial c ...