Bitcoin fell sharply on Thursday, sliding to a 2026 low of $84,300 as a sudden reversal in gold prices and a steep selloff in US technology stocks triggered a big sell-off across tech markets. Bitcoin shed nearly $3,000 within hours after trading above $88,000 earlier in the session. Prior to Sunday night, gold had never traded above $5,000 per ounce. Equity markets also came under pressure after Microsoft shares plunged more than 11 percent following the company’s fourth-quarter earnings report. The sharp decline in Microsoft weighed heavily on technology stocks, pushing the Nasdaq down around 1.5 percent.