Michael Burry's Bearish Move: $10M in Bitcoin and Ethereum Put Options Purchased

Major short seller Michael Burry has purchased $10 million worth of Bitcoin and Ethereum "put options," indicating his bearish outlook on the cryptocurrency market. Burry, known for accurately predicting the subprime mortgage crisis, has also taken a massive short position in the traditional market, potentially impacting the crypto market. Bitcoin's volatility has reached a historic low, but with global economic uncertainty, investors should remain cautious.