- Bitcoin price showed renewed weakness as bulls failed to hold support above $90,000.
- The flagship coin dropped despite the US Federal Reserve’s rate decision.
- Oracle shares plunged 11% in premarket trading amid worries about AI-driven market volatility.
Bitcoin failed to rally on Wednesday following the US central bank’s rate cut, and showed renewed weakness on Thursday as it slipped below $90,000.
The decline in BTC price echoed across the crypto market, with major tokens also sliding to key levels amid fresh selling pressure and nervous sentiment.
Although the largest digital asset remained close to a critical level at the time of writing on December 11, 2025, risk assets broadly looked fragile amid signs of turbulence in technology stocks.
Oracle’s stock plunged after the company missed both earnings and revenue forecasts, triggering a wave of selling in related sectors.
Why did Bitcoin fall today?
Bitcoin traded around $90,379 at the time of this report, down about 2.4% over the past 24 hours.
The crypto asset had already traded down to intraday lows near $89,458. Losses coincided with daily trading volume rising about 9% to above $70 billion.
Even though equities initially rose after the Fed’s rate cut, a premarket dump in Oracle shares dragged other AI-related stocks lower and signaled further potential losses likely to embolden Wall Street bears.
In premarket trading, CNBC highlighted that Oracle shares plunged more than 11%.
The move spread to AI-adjacent peers: Nvidia fell nearly 2% and Micron slid about 1.4% at the same time. Microsoft, cloud provider CoreWeave and AMD also traded under pressure.
This risk-off backdrop, particularly negative for tech and AI exposures, pushed BTC lower alongside other risk assets.
Ethereum, XRP and Solana all suffered losses as the market continued to wobble following the crash and sentiment shift that followed the October 10, 2025 sell-off.
Analysts at CryptoQuant say short-term holders remain dominant and are still in a so-called “pain zone.”
“Structurally, these deep loss pockets usually show up closer to the late stages of a correction than the early ones,” a CryptoQuant analyst noted.
BTC Short-Term Holders are Still in a Pain Zone
“Structurally, these deep loss pockets usually show up closer to the late stages of a correction than the early ones.” – By @IT_Tech_PL pic.twitter.com/bw39CfxGh6
— CryptoQuant.com (@cryptoquant_com) December 11, 2025
Standard Chartered cuts BTC forecast for 2025
Weak momentum since Bitcoin slid below $100,000 has prompted analysts to revise year-end forecasts downward.
Standard Chartered, for example, said earlier this week that it had lowered its BTC price target for 2025 from $200,000 to $100,000.
Geoff Kendrick, the bank’s global head of digital asset research, pointed to reduced buying from Bitcoin treasury holders as a contributing factor.
According to the analyst, bulls may now rely on only one major price driver: spot exchange-traded funds.