Will History Repeat? Michael Burry Predicts 2008-Like Crash In the Crypto Markets

Will History Repeat? Michael Burry Predicts 2008-Like Crash In the Crypto Markets


coinpedia
2022-09-07 10:03:25

The post Will History Repeat? Michael Burry Predicts 2008-Like Crash In the Crypto Markets appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideBack in 2008, when US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy, it reduced people’s faith in the banking system to such an extent that a new class of assets, having no support from any formal bank, came into being.  The asset was Bitcoin, which is now the most popular cryptocurrency. Bitcoin was …