Bitcoin Falls to $90,000, Nasdaq Futures Drop 0.80% as Oracle Earnings Miss Raises AI Spending Concerns

Bitcoin traded near $90,000 with a 24-hour decline of 2.8%, while Nasdaq futures fell 0.80% on December 11, CoinDesk analyst James Van Straten said. Risk assets remained under pressure despite a 25-basis-point Federal Reserve rate cut, as Oracle reported fiscal 2026 second-quarter results for the period ended November 30, 2025, showing total revenue slightly below market expectations, declining traditional software income and particularly weak new license sales. Van Straten wrote the report highlights a gap between debt-funded artificial intelligence infrastructure spending, promised revenues and delayed cash flow realization.