#FedRateCutPrediction

The US Dollar Index (DXY) fell to a seven-week low after the Federal Reserve cut interest rates on Wednesday.
Prices of precious metals are surging, while bond yields are declining.
Bitcoin continues to be in a downtrend, dropping again below the $90,000 mark after a brief rally.
Market sentiment may be being affected by falling stocks related to artificial intelligence, following disappointing quarterly financial results from Oracle (ORCL), released last night. Oracle's shares dropped 14% on Thursday, dragging down well-known companies like Nvidia, AMD, and Broadcom. The Nasdaq Index declined by 1.2%.
Shares of Bitcoin mining companies, many of which have shifted business models to focus on artificial intelligence infrastructure — traded in the red along with: Hut 8 (HUT), Iren (IREN), Cipher (CIFR), and Riot Platforms (RIOT), which are showing losses in the range of 5%-6%.
Leading Bitcoin treasury reserve player Strategy (MSTR) decreased by 6.4%, while the cryptocurrency exchange Coinbase (COIN) fell by 5%. Robinhood (HOOD) shares lost 8.3% in value after the November report, which showed a disappointing decline in cryptocurrency trading volumes.