AI hardware stocks are under pressure ahead of the open.
📉 AAOI (Applied Optoelectronics) is down 11.66% in pre-market trading.
The move highlights renewed volatility across the AI infrastructure and optical-components space. Traders will be watching for the catalyst behind the sell-off and whether weakness spreads across the broader AI hardware sector.
Bitcoin is back above the $79K level, showing strong momentum after a powerful weekly rally. 📈
💥 BTC recently touched around $79,000+ 📊 Weekly gains have topped 20% 🏦 Institutional/ETF demand is supporting the move 🎯 $80,000 is now the key psychological resistance
A clean break and hold above $80K could open the door toward higher levels. 🚀
Trade tensions are escalating after negotiations between the U.S. and Canada broke down. The U.S. has imposed new 50% tariffs on certain Canadian goods, while Canada has announced a dollar-for-dollar retaliatory response starting September 8.
For crypto traders, moments like this can bring higher volatility and shifting market sentiment. 📊⚡
Stay informed. Stay disciplined. Protect your capital. Volatility creates opportunities—but risk management comes first.
What do you think—could this trade conflict impact Bitcoin and the broader crypto market? 👀