Michael Burry, the prominent investor known for his role in predicting the housing market collapse detailed in the film 'The Big Short,' has issued a stark warning regarding the potential consequences of a significant decline in Bitcoin's value. He suggests that such a plunge could lead to a massive sell-off in precious metals, specifically gold and silver, amounting to as much as $1 billion. This alarming prediction underscores the interconnectedness of different asset markets and raises concerns about the possible ripple effects that a cryptocurrency crash could have on traditional investment sectors.
source: https://www.coindesk.com/markets/2026/02/03/the-big-short-investor-michael-burry-warns-bitcoin-plunge-could-trigger-usd1b-gold-silver-sell-off