Bitcoin’s $80k reclaim is starting to look like a momentary Asia-led AI trade in disguise
Bitcoin reclaimed $80,000 on May 4, and the transfer landed as Asian equities pushed towards information on the AI trade, with Korea and Taiwan main the advance and Nasdaq 100 futures additionally pointing increased. The timing creates a portfolio drawback for abnormal holders. Bitcoin now reacts otherwise at different times to the identical change, transferring…
