Crypto Markets Stay Resilient Despite Burry’s Crash Warning and Rising Global Tensions

Major cryptocurrencies remained resilient Tuesday despite rising pressure across global financial markets. Bitcoin traded above $81,000 during Asian hours after briefly climbing to $82,026 overnight, showing strength even as investors turned cautious on risk assets. Solana and Dogecoin led gains among major tokens, each rising nearly 2%, while BNB climbed 1.7% to $662. XRP also posted modest gains, while Ethereum slipped slightly by 0.8%.

Investor Michael Burry, best known for predicting the 2008 financial crisis, renewed bearish warnings on U.S. equities. In a recent Substack post, Burry argued that the Nasdaq 100 is trading at dangerously elevated valuations, reaching 43 times earnings compared to a more sustainable level near 30. He compared current market conditions to “the scene of the bloody car crash, minutes before it happens,” signaling concern over a potential market correction.

Burry highlighted the Philadelphia Semiconductor Index, which has surged roughly 70% since late March, as a key sign of excessive optimism surrounding artificial intelligence stocks. According to Burry, Wall Street may be overestimating earnings growth for high-valued tech companies by more than 50%, increasing risks for investors heavily exposed to the AI-driven rally.

Meanwhile, geopolitical tensions added further uncertainty to markets. Brent crude oil rose nearly 1% above $105 per barrel after U.S. President Donald Trump questioned the stability of the Iran ceasefire, raising fears of prolonged disruption around the Strait of Hormuz. U.S. Treasury yields climbed to 4.42%, while the U.S. dollar strengthened against major global currencies as investors sought safer assets.

Asian equity markets weakened, with South Korea’s Kospi index dropping more than 5% intraday following controversial proposals involving AI-related taxation. Investors are now closely watching upcoming U.S. inflation data, which could significantly impact Federal Reserve policy expectations and the broader outlook for crypto markets and global risk assets in 2026.