According to @burrytracker, it has been 23 days since Michael Burry publicly turned bearish on Nvidia (NVDA), and the stock is down 17% over that span; source: @burrytracker post on X dated Nov 25, 2025. Nvidia is widely treated as the equity market’s AI bellwether, meaning sharp NVDA declines often drive risk-off tone across AI-linked tech baskets; source: Reuters characterization of Nvidia as the AI trade bellwether across multiple reports in 2023–2024. For crypto traders, higher stock–crypto correlation since 2020 implies that NVDA-led tech selloffs can coincide with pressure on BTC and ETH during de-risking episodes; source: International Monetary Fund analysis showing increased BTC–S&P 500 correlation (2022). Trading takeaway: monitor BTC and ETH intraday correlation with US tech indices when NVDA volatility spikes and adjust risk accordingly; sources: IMF correlation findings (2022) and Reuters descriptions of Nvidia’s bellwether role for the AI trade (2023–2024).