BackBitcoin’s $80k reclaim surged with the Asia-led AI trade while breaking from US equity correlation

خبر

CryptoSlate04.05.2026Crypto

Bitcoin’s $80k reclaim surged with the Asia-led AI trade while breaking from US equity correlation

حجم الخط

Bitcoin reclaimed $80,000 on May 4 as Asian equities pushed toward records on the AI trade, with Korea and Taiwan leading the advance and Nasdaq 100 futures also pointing higher. The correlation creates a potential portfolio problem for ordinary holders. Bitcoin now reacts differently at different times to the same switch, moving chip shares, tech […] The post Bitcoin’s $80k reclaim surged with the Asia-led AI trade while breaking from US equity correlation appeared first on CryptoSlate.

Continue reading on CryptoSlate

This article was originally published by CryptoSlate.

أخبار ذات صلة

يتطور·2 sa önce

Bitcoin Reclaims $63,000 Amidst Fears of Correction Ahead of Options Expiry

Bitcoin surged past $63,000 but faces potential correction due to rising US Treasury yields and a $1.4 billion options expiry. While ETF outflows were noted, balanced options demand suggests support at $62,000, with AI sector strength drawing capital from other assets.

Cointelegraph

يتطور·13 sa önce

Crypto User Loses $1 Million in Ethereum Phishing Scam

A crypto user lost nearly $1 million in USDT on Ethereum after signing a phishing token approval. This incident highlights the ongoing threat of social engineering scams in the crypto industry, which have already resulted in hundreds of millions in losses this year.

Cointelegraph

يتطور·16 sa önce

Zapper to Shut Down Next Month Amid Crypto Market Downturn

Decentralized finance analytics platform Zapper announced it will cease operations on August 3rd, citing falling demand as the primary reason. The platform, which once served over 2 million monthly active users and processed billions in transactions, joins a growing list of crypto firms folding amid a market downturn and reduced venture capital funding.

Cointelegraph

يتطور·23 sa önce

Crypto Market Faces Grim Week Amidst Bitcoin and Ethereum Declines

The crypto market is in a rough state as July begins, with Bitcoin hovering in the low $60,000s and Ethereum below $1,750. Both assets have seen significant declines, and altcoins are performing even worse. Despite grim sentiment, historical patterns suggest potential for a rebound, though technical indicators present a mixed picture.

Decrypt

يتطور·1 g önce

Meme Coin Trader Turns $85 into Over $2 Million on Robinhood Chain

A trader invested $85 in CashCat, a meme coin on Robinhood Chain, in June. The investment has since grown to over $2 million, with the trader realizing $585,000 in profits and holding $1.6 million worth of tokens. CashCat's market cap has surged over 1,230% in 24 hours.

Decrypt

يتطور·1 g önce

Bitcoin Rebounds Above $63,000 Amid ETF Inflows, But Leverage Risks Loom

Bitcoin surged past $63,000, buoyed by a return of ETF inflows totaling over $500 million. However, rising leverage in derivatives markets and increased exchange supply pose risks to the fragile rebound, suggesting potential vulnerability to market shocks.

CryptoSlate