GLOBAL TRENDING
Bitcoin fell 7% to around $34,000 yesterday – its lowest level in two weeks Today it fell below $30,000 for the first time this year Burry warned crypto fall will cause market losses 'the size of countries' Crypto andmeme stock craze will trigger 'mother of all crashes', warns 'Big Short' investor Michael Burry - ahead of bitcoin sliding below $30,000 Bitcoin has tumbled again coinciding with the famous investor who predicted the sub-prime mortgage crisis warning retail traders that the 'mother of all crashes' is on the horizon. After a slide yesterday, the bitcoin price fell below $30,000 today for the first time since the start of the year - trading as low as $28,815, according to Coindesk. By 4.15pm in London and 11.15am in New York, bitcoin had clawed back some ground to trade at $31,000. This week's further slump came as Michael Burry warned that when the value of cryptocurrencies and 'meme stocks' fall it will trigger market losses 'the size of countries'.
Warning: Top investor Michael Burry said that when the value of cryptocurrencies and so-called 'meme stocks' fall it will trigger market losses 'the size of countries'
Made with FlippingBook Digital Publishing Software