SOL trades around $135–$137, slightly positive on the day even as broader altcoins remain under pressure (Kitco quotes). Sentiment is underpinned by news that J.P. Morgan issued commercial paper on Solana and that State Street and Galaxy plan a tokenized liquidity fund on the network in 2026, underscoring ongoing institutional experimentation (Reuters, CoinDesk).
AI earnings shock from Oracle weighs on crypto and tech-linked risk assets
Oracle’s 12–15% stock plunge on surging AI-related capex and a revenue miss revived ‘AI bubble’ concerns, knocking Nasdaq futures and spilling over into Bitcoin and crypto miners, which fell alongside other high-beta plays (Bloomberg, Yahoo Finance, Investing.com). The episode highlights how tightly crypto is currently trading with the broader AI and tech risk complex.
Fed’s ‘hawkish cut’ boosts gold and weakens dollar, but crypto shrugs
The Fed’s third 25 bps cut and cautious forward guidance pushed the dollar index toward seven-week lows and nudged 10-year yields toward the low-4% area, powering gold back above $4,270/oz and copper higher as well (Trading Economics, Investing.com). In contrast, Bitcoin and Ethereum failed to rally on easier financial conditions, with CoinDesk noting that crypto remains in a short-term bearish trend despite macro tailwinds.
Ethereum leads major‑cap underperformance
Ethereum trades around $3,200, off roughly 3%–4% on the day, underperforming Bitcoin’s ~1%–2% decline. CoinDesk highlights over $500M in leveraged liquidations across BTC and majors after BTC failed to hold an early‑week breakout near $94K, with ETH particularly hit as traders unwind high‑beta bets.
Risk‑off pressure weighs on Solana and XRP
Solana is near $135 and down about 1%–5% on the day, while XRP holds near $2.00 and is off a similar amount. CoinDesk notes that Solana and XRP have seen continued ETF and institutional interest, but spot prices are being dragged lower by Bitcoin’s weakness and broad de‑risking across altcoins.
Macro backdrop turns more supportive, but crypto decouples
The dollar index has slid to its lowest since late October and 10‑year Treasury yields eased after the Fed cut, while gold is testing record highs above $4,220 and copper pushes toward records. Despite easier financial conditions that usually help crypto, CoinDesk and Investing.com stress that digital assets remain stuck in a bearish, post‑liquidation consolidation.
Flows and positioning show ongoing stress
Earlier reports from Coinbase, CoinDesk, and The Block describe persistent outflows from U.S. spot Bitcoin ETFs and a Fear & Greed Index deep in ‘extreme fear’. Whales and some sovereign buyers like El Salvador are adding on dips, but retail participation and crypto‑linked equities such as miners remain under heavy pressure.
Crypto slides despite Fed rate cut
Bitcoin, Ethereum, XRP and Solana are all down 2.5%-4.5% over the last day even after the Fed delivered a widely expected 25 bps rate cut and signaled only limited easing in 2026. Markets interpreted Powell’s cautious tone and visible FOMC divisions as a “hawkish cut,” keeping macro uncertainty elevated for high-beta assets like crypto.
Bitcoin dips below $90K intraday as leverage washes out
BTC is trading near $89,700, off about 2.5% on the day after briefly breaking below $90,000 in Asian trade. News from Reuters, Bloomberg and Yahoo Finance highlight that over $440M–$500M of derivatives liquidations around the Fed decision and overnight selling have accelerated the move, even as on-chain and ETF flow data suggest medium-term structural support remains.
Ethereum underperforms on risk-off and positioning
ETH is around $3,175, down 4.5%, lagging BTC as traders unwind leveraged longs and rotate out of higher-beta majors following bitcoin’s failed attempt to hold its pre-Fed breakout above $94K. Recent analysis cited by CoinDesk notes that market-maker retreat and soft liquidity have amplified ETH’s downside during macro-driven swings.
XRP slips below key $2 level on BTC-linked profit taking
XRP trades near $1.99, off about 2.6% after briefly losing the $2.00 handle that had been acting as support. CoinDesk reports that traders are taking profits following recent outperformance, with XRP-specific ETF and institutional flows still strong but unable to offset broad selling tied to bitcoin weakness.
Macro backdrop: dovish Fed vs. AI risk-off keeps crypto in the crossfire
The Fed’s third straight cut and softer inflation tone pushed the dollar lower and gold near record highs, normally supportive for crypto. But articles from Reuters, Bloomberg and Investing.com note that renewed fears of an ‘AI bubble’ after Oracle’s weak outlook, plus uncertainty over the Fed’s 2026 path and future leadership, have investors de-risking across speculative assets, with crypto taking an outsized hit.
Solana tracks broader majors lower despite positive structural news
SOL is around $131, down roughly 3.7%, in line with other large caps as risk appetite fades on AI and macro worries. This comes even as adoption headlines—such as J.P. Morgan issuing commercial paper on Solana’s chain—underscore that selling is macro- and positioning-driven rather than tied to negative protocol news.
Broker and bank research frames selloff as late-stage correction, not new ‘crypto winter’
JPMorgan and other analysts highlighted in TheStreet and CoinDesk argue that November’s meltdown and the latest post-Fed drop look like a meaningful, but still cyclical, drawdown within an ongoing bull market. Their base cases see future upside increasingly dependent on sustained ETF inflows and institutional demand rather than further balance-sheet buying by ‘bitcoin treasury’ companies.
Bitcoin slips back toward $90K despite Fed cut and macro tailwinds
BTC trades around $90,264, down roughly 2%, after briefly reclaiming $94K on expectations of a ‘dovish’ Fed cut. News from Yahoo Finance, Reuters and CoinDesk note that hawkish messaging, lingering fears from October’s $19B leverage wipeout, and renewed AI-growth worries have capped any post-Fed relief rally.
AI jitters and Oracle miss sour risk appetite, dragging on crypto beta
Reuters and Investing.com report that weak Oracle earnings and heavier AI capex have raised doubts about the AI trade, hitting tech stocks and broader risk sentiment. Analysts quoted by Reuters say crypto “didn’t really want to know about” the equity rally, underscoring how AI-linked risk-off flows are spilling into Bitcoin and altcoins.
Ethereum underperforms as macro uncertainty and futures liquidations weigh
ETH is around $3,202, off 3.6% over 24 hours per Kitco, slightly underperforming BTC as mixed signals on the Fed’s 2026 path keep leverage positioning fragile. CoinDesk notes that recent futures-driven selloffs have been particularly heavy in BTC and ETH, with several sessions of $500M-plus liquidations eroding trader confidence.
Large-cap alts track lower with Solana leading the downside
Solana trades near $131, down roughly 4% to 5% on the day and about 8% on the week, while XRP holds around $2.01–$2.02, down 3%–3.5%. Kitco and TradingEconomics dashboards show a synchronized pullback across major alts like ADA and DOGE, reflecting broad de-risking rather than asset-specific news.
Fed’s ‘hawkish cut’ reinforces Bitcoin’s macro sensitivity versus gold
Coverage from Yahoo Finance, Investing.com and TradingEconomics highlights how Bitcoin initially jumped toward $94K on the Fed cut but quickly faded as guidance implied a cautious path for future easing. By contrast, gold pushed back near record highs above $4,200/oz, underscoring that BTC is currently trading more like a high-beta macro asset than a defensive inflation hedge.
On-chain flows hint at longer-term accumulation despite near-term weakness
Santiment data cited by Tribune India indicates roughly 400,000 BTC have left exchanges over the past year, cutting exchange balances from about 1.8M. Commentators frame this as consistent with long-horizon accumulation and expectations for a more constructive setup into 2026, even as near-term forecasts like Standard Chartered’s trim year-end targets to $100K.
Speculative pockets stay active: AI-themed Deepsnitch and infrastructure plays like Bittensor and Sui
Tribune reports Deepsnitch AI has rallied 81% in presale amid aggressive 100x marketing claims, while Sui gained over 11% on inclusion in Bitwise’s 10 Crypto Index Fund and Bittensor (TAO) is bid ahead of its first halving. These pockets of momentum contrast with the heavy consolidation in majors, showing risk capital rotating into high-beta narratives rather than lifting the whole complex.
Bitcoin slips despite Fed cut and ongoing accumulation
Bitcoin trades near $91,370, off about 0.7% on the day and still consolidating in a $90K–$95K band after November’s sharp drawdown. A Fed rate cut and data showing over 400,000 BTC leaving exchanges underscore longer‑term accumulation, but Standard Chartered’s halved price targets and worries over digital‑asset treasuries are capping near‑term upside.
XRP faces renewed sell pressure after failed breakout
XRP hovers near $2.03, down roughly 0.8%, extending weakness flagged by CoinDesk after it failed to sustain a move above $2.12. Elevated volumes driven by institutional flows have not translated into price strength, suggesting persistent overhead supply despite positive regulatory headlines for Ripple abroad.
Ethereum underperforms as narrative shifts to selective risk‑on
Ether is down about 1.4% around $3,277 after recently outperforming on upgrade optimism and institutional positioning. Profit‑taking in majors after the Fed decision and broader risk‑asset volatility are weighing on ETH even as it holds a strong year‑to‑date uptrend.