Bitcoin tests $80,000 as Asia’s bid fades and Hong Kong AI IPOs surge
Bitcoin struggles to break $80,000 as Asian investors flee to Hong Kong's booming AI IPO market, with spot bitcoin ETF activity there nearly dormant. Western markets alone are driving gains, but U.S. spot ETF outflows and weakening buying pressure suggest momentum is fading. Friday's U.S. payrolls report will determine if bulls can sustain higher levels without broader global participation.
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