Bitcoin's (BTC-USD) sharp drop into bear-market territory might be the market’s first real warning flare about crowded AI trades and stretched tech valuations. On this episode of Trader Talk, veteran futures and options trader Jim Iuorio joins Kenny Polcari to unpack what bitcoin’s sell-off says about risk appetite, Nvidia’s (NVDA) 15% slide, and whether we’re in the early innings of an AI bubble. They dig into why gold (GC=F) is ripping higher on central bank buying and US fiscal worries, debate 50-year mortgages and tariff “dividends,” and game out the Fed’s next move on rates heading into 2026. It’s a fast and practical roadmap for traders navigating crypto volatility, AI euphoria, and the new gold bull market.

Trader Talk with Kenny Polcari on Yahoo Finance delivers expert analysis and actionable insights. Drawing on decades of trading floor experience, we empower you to navigate market volatility and keep your portfolio from getting burned.

Watch more episodes of Trader Talk at https://finance.yahoo.com/videos/series/trader-talk/

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Yahoo Finance’s Trader Talk is hosted by Kenny Polcari and produced by Langston Sessoms.