Bitcoin and Nasdaq Futures Decline as Oracle Profit Concerns Rise

Bitcoin Declines

Bitcoin has fallen below $90,000 as investors viewed the Federal Reserve's interest rate cut as a selling opportunity. This indicates the end of the expectations priced in before the decision.

Sharp Decline in Oracle Stocks

Oracle stocks experienced a 12% drop following earnings reports. The company's capital expenditure (capex) forecasts negatively impacted the financial statement. However, signals in the credit markets indicate a development towards risk repricing. This situation reveals a change in risk perception rather than a market distress.