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%
$68,506.17
-2.79%
(24s)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
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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