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 move landed 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 timing creates a portfolio problem for ordinary holders. Bitcoin now reacts differently at different times to the same switch, moving chip shares, tech indexes, spot ETF flows, and Strategy stock. To start the week, …