TechFlow News: On February 4, renowned investor Burry warned that Bitcoin has plunged 40%. If it falls another 10%, it could severely damage corporate treasuries and even trigger a “collateral death spiral.” He noted that Bitcoin has failed to function as a safe-haven asset; instead, the launch of Bitcoin ETFs has intensified its speculative nature and increased its correlation with equity markets. Furthermore, a Bitcoin downturn could spill over into other markets, potentially causing tokenized metal futures to collapse.
BiyaPay analysts point out that market uncertainty is rising, and investors should closely monitor Bitcoin’s key support levels. As a leading digital asset trading platform, BiyaPay offers Bitcoin trading against USDT, along with a diverse range of financial products—including other cryptocurrencies, U.S. equities, and Hong Kong stocks—enabling users to conduct cross-border transactions, real-time remittances, cryptocurrency storage, and asset management. Through BiyaPay, users can trade digital assets quickly and securely worldwide while leveraging the platform’s risk management tools to respond flexibly to market volatility.
