nasarkhan09

PANews posted on X (formerly Twitter). Last night's market downturn was driven by several key factors. Rising geopolitical uncertainties, particularly in the Middle East, contributed to the instability. Additionally, Microsoft's earnings report led to a sell-off in the tech sector, with Azure's slowing growth causing the company's stock to drop over 10% during the day. Precious metals, which had been at historical highs, experienced a significant pullback. In the crypto market, the combined pressure from the U.S. stock market and precious metals resulted in a high-leverage sell-off, with Bitcoin falling below $84,000 and nearly $1 billion in liquidations occurring within 24 hours. These elements combined during the same trading session, creating a short-term liquidity vacuum across assets.