BREAKING
80d 8h ago
Bitcoin Dips Near $90K as Fed Rate Cut Fails to Calm Markets After Oracle Earnings Miss
BTC
BTC/USDT
$65,707.93
+0.32%
$65,707.93
+0.32%
(24s)24h Volume
$23,298,561,101.23
24h H/L
$66,025.52 / $63,030.00
Change: $2,995.52 (4.75%)
Long/Short
70.9%
Long: 70.9%Short: 29.1%
Funding Rate
-0.0012%
Shorts pay
Data provided by COINOTAG DATALive data
As COINOTAG notes, a Fed rate cut of 25 basis points failed to lift risk assets, as investors weigh Oracle‘s earnings miss and the hawkish policy stance. Bitcoin trades near $90,000, down 2.8% in 24 hours, while Nasdaq-linked futures retreat about 0.8%, signaling ongoing risk-off dynamics in crypto-linked markets.
Oracle‘s Q2 FY2026 results show revenue slightly below consensus, with weakness in traditional software and muted new license deals. The report highlights the gap between debt-fueled AI infrastructure spending and delayed cash flows, complicating near-term valuations for tech equities and correlated digital assets.
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