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US Tech Stocks Tumble, with the Optical Communication Sector Leading the Decline; MRVL Falls Over 7%

BlockBeats News, July 13th, according to Bit.com market data, the US stock optoelectronics sector experienced a general decline, with the following changes:

MRVL down 7.01%, LITE down 4.59%, Nokia down 5.99%, Corning down 3.76%, AXTI down 11.85%.

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On-Chain Activity

4h ago

SK Hynix's US Stock ADR Trades at a 23.4% Premium to Korean Stock, 2 Whales Expect $14 Million Price Difference to Narrow

4h ago

Single-Day Whale Dump of 300,000 HYPE Tokens, One Whale Address Now Holds a $24.3 Million Position

5h ago

Two Institutions Withdraw Approximately 17,000 ETH in One Hour

5h ago

A Trader Makes Over $9 Million in Profit by Shorting ESPORTS with Low Leverage, Achieving a 30-Day Return of 806%

24H Important News

2026-07-13

The market is nearing full pricing for a Fed rate hike in September

SpaceX Stock Price Drops for Second Consecutive Day, Approaching $135 IPO Price

Bolivia is currently evaluating the incorporation of USDT into the national payment system to promote the use of stablecoins for legal payments.

Source: Officials: U.S. Has Not Discussed with Regional Allies the Issue of Charging Transit Fees for Securing the Strait of Hormuz

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