The Big Short protagonist Michael Burry warns that Bitcoin's crash could trigger a $1 billion sell-off in gold and silver. Burry believes that although Bitcoin is purely a speculative asset rather than a safe-haven asset, there is a 'contaminated' liquidity link between the two. If Bitcoin's price collapses (e.g., drops to $50,000), it could trigger a 'collateral death spiral,' forcing speculators and funds to liquidate other assets, including tokenized precious metal futures, to meet margin calls or deleverage. He pointed out that the recent pullback in gold and silver is partly due to forced liquidations caused by the crypto market downturn. (CoinDesk) http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56152