Michael Burry Warns of a Stock Market ‘Supervolcano’

Michael Burry, known for his contrarian macro bets, warns that a 'supervolcano' of risk is building beneath a record-high S&P 500, pointing to thinning market breadth across roughly 10 market tops over 40 years. The argument is that narrow leadership is masking underlying fragility even as headline indices set records. For crypto traders, the signal is indirect: a broad equity risk-off event could pressure BTC and risk assets, but this is commentary rather than a concrete catalyst.