The correction on global markets has intensified: gold has fallen sharply after recent record highs, Bitcoin has dropped to around $84,000, and the US stock market is also declining amid a sell-off in the technology sector.
According to Reuters, the spot price of gold fell more than 4% on Thursday as investors took profits after a surge to historic highs, with prices falling to around $5,150 per ounce.
Bitcoin, at current prices, is down about 5% to $85,000, with the day’s low at around $84,350.
In the US, indices also fell into negative territory: the S&P 500 was down about 1.1%, and the Nasdaq fell 2.1%, with pressure on the market coming in particular from a sharp drop in Microsoft shares after its earnings report. The decline is also confirmed by the dynamics of the SPDR S&P 500 ETF (SPY), which lost about 1% on Thursday.
