BREAKING
101d 18h ago

Bitcoin Dips Near $90K as Fed Rate Cut Fails to Calm Markets After Oracle Earnings Miss

BTC

BTC/USDT

$68,506.17
-2.79%
24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,506.17

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$72,364.25
Resistance 2$70,811.58
Resistance 1$68,867.82
Price$68,506.17
Support 1$68,115.84
Support 2$65,637.54
Support 3$62,909.86
Pivot (PP):$68,735.17
Trend:Downtrend
RSI (14):44.9

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.

Share News:
Don't Miss Breaking News