BackBitcoin’s $80k surge came from an Asia-led AI trade while BTC is breaking from US equity correlation

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CryptoSlate04.05.2026Crypto

Bitcoin’s $80k surge came from an Asia-led AI trade while BTC is breaking from US equity correlation

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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 surge came from an Asia-led AI trade while BTC is breaking from US equity correlation appeared first on CryptoSlate.

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