What to know : Already sitting on overnight losses, bitcoin's decline accelerated in U.S. morning trade, with the price falling back to $85,200, a new low for 2026. The quick selloff came amid a reversal in gold’s breathtaking rally, which had sent the yellow metal soaring above $5,600 at one point Thursday before quickly falling back to $5,400. The Nasdaq was also sharply lower, falling 1.5%, as Microsoft declined more than 11% following its fourth-quarter earnings report.
Bitcoin tumbled Thursday to its weakest level since mid-December, shedding nearly $3,000 within hours as gold's massive rally abruptly turned.
Soaring above $5,600 per ounce at one point Thursday (gold prior to Sunday night had never been above $5,000), gold in the space of a few minutes in morning U.S. trade plunged nearly 10% to back below $5,200.
The price action in silver followed a similar path, with that metal falling from $121 per ounce to $108.
Adding fuel to the selloff was Microsoft (MSFT), whose shares collapsed more than 11% — potentially their worst day since March 2020 — after the company reported slowing growth in its cloud business. The tech giant’s stumble dragged the Nasdaq lower by around 1.5%, deepening the risk-off tone.
Crypto markets followed suit. Trading above $88,000 earlier in the session, bitcoin fell precipitously to $85,200, its lowest level in more than a month. The largest crypto was down 4.5% over the past 24 hours.
Ethereum's ether , Solana , and lost 5%-6% during the same period as altcoins were hit harder in the sell-off.
Looking at crypto stocks, the largest corporate bitcoin holder Strategy (MSTR) is down 8%, its worst day since Dec. 12, hitting 52-week lows and trading back at September 2024 levels.
Other names posting big losses include Bullish (BLSH), Twenty One Capital (XXI). Circle (CRCL) and Coinbase (COIN) — all down 4%-8%.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
