Bitcoin and Nasdaq Futures Decline as Oracle Profit Concerns Rise

Bitcoin Decline

Bitcoin has fallen below $90,000 as investors interpreted the Federal Reserve's interest rate cut as a selling opportunity. This indicates that the expectations priced in before the decision have come to an end.

Sharp Decline in Oracle Shares

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