Bitcoin and Ethereum Stable, Oracle Loss Concerns Rise

Decline in US Stocks

The United States stock markets experienced a significant drop due to large losses suffered by Oracle, triggering concerns that returns on artificial intelligence spending would exceed expectations. This dramatic decline in the stock has negatively impacted confidence in technology stocks.

Status of Bitcoin and Ethereum

Despite this, cryptocurrencies Bitcoin and Ethereum managed to remain stable. Bitcoin is trading above the $92,000 level, while Ethereum's price is showing an upward trend towards $3,260.

Oracle's Investments and Effects

Oracle has made significant investments in artificial intelligence infrastructure. This increase has led to the biggest drop in the company's stock since January.