Bitcoin and Nasdaq Futures Decline as Oracle Profit Concerns Rise

Bitcoin Falls

Bitcoin dropped below 90,000 dollars as investors viewed the Federal Reserve's interest rate cut as a selling opportunity. This signifies the end of the expectations that were priced in prior to the decision.

Sharp Decline in Oracle Shares

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