Michael Burry Flags Banking System Fragility in Fed’s T-Bill Plan; Bitcoin Dips Below $91K

Michael Burry has cautioned that the US Federal Reserve's plan to buy $40 billion in Treasury bills monthly underscores fragility in the banking system, potentially signaling permanent balance sheet expansion and risks to financial stability, which could indirectly influence crypto markets through liquidity shifts. Michael Burry views the Fed's reserve management purchases as a sign [...]