- Bitcoin showed fresh weakness as bulls failed to hold support above $90,000.
- The top cryptocurrency fell despite a rate decision from the U.S. Federal Reserve.
- Oracle shares plunged 11% in premarket trading amid AI-related market jitters.
Bitcoin failed to gain traction on Wednesday after the U.S. Federal Reserve cut interest rates, and it revealed further weakness on Thursday as the price slipped below $90,000.
The pullback in BTC extended across the cryptocurrency market, with major coins sliding toward key levels as renewed selling pressure emerged.
Although the flagship digital asset was trading near a critical level at the time of writing on 11 December 2025, risk assets generally looked fragile amid signs of turbulence in technology stocks.
Oracle shares plunged after the company missed revenue and earnings forecasts, triggering broader selling in AI-focused names.
Why did Bitcoin fall today?
Bitcoin was trading around $90,379 at the time of writing, down about 2.4% over the past 24 hours.
The bellwether crypto traded off an intraday low of $89,458. Losses came despite a daily advance in overall market volume, which rose roughly 9% to exceed $70 billion.
While equities showed gains following the Fed’s rate cut, a premarket sell-off in Oracle dragged other AI stocks lower and pointed to fresh losses likely to embolden bears on Wall Street.
In premarket trading, CNBC reported that Oracle shares plunged more than 11%.
The rout spread across AI-linked peers, with Nvidia down nearly 2% at the time and Micron about 1.4% lower. Microsoft, cloud specialist CoreWeave and AMD also traded in negative territory.
That risk-off dynamic hit cryptocurrencies hard and pressured BTC lower.
Ethereum, XRP and Solana all logged gains earlier as the market continued a gradual recovery from the crash and sentiment reversal that followed the October 10, 2025 sell-off.
Analysts at CryptoQuant say short-term holders still dominate and remain in what they call a “pain zone.”
“Structurally, these deep loss pockets usually show up closer to the late stages of a correction than the early ones,” one 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 slipping below $100,000 has prompted some analysts to revise year-end forecasts.
Standard Chartered this week lowered its 2025 price target for Bitcoin from $200,000 to $100,000.
Geoff Kendrick, the bank’s global head of digital asset research, pointed to a slowdown in purchases by corporate Bitcoin treasuries as a contributing factor.
According to the analyst, bulls may now have only one major supporting factor left: the spot market for Bitcoin exchange-traded funds.