Microsoft is facing its longest losing streak since 2011, driven by the fallout from a $9.7 billion AI partnership with IREN. This strategic shift in focus, away from Bitcoin mining towards AI cloud infrastructure, has impacted both the tech and crypto sectors, leading to market volatility and a sharp sell-off in various assets. The partnership has raised concerns about tech sector valuations and triggered significant volatility within the cryptocurrency markets. Bitcoin (BTC) and Ethereum (ETH) prices have been affected negatively by the broader market sell-off, highlighting a correlation between tech stocks and cryptocurrencies. Analysts suggest caution as this aligns with previous trends where a similar shift to AI led to short-term stock gains followed by downturns. This latest situation suggests further declines might be on the horizon.