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Bitcoin Tests $80,000 as Asia Demand Weakens and Hong Kong AI IPOs Surge
05.05.2026 05:18
Bitcoin (BTC) briefly tested the $80,000 level, but the rally lost momentum as buying pressure from Asia faded. Meanwhile, a surge in Hong Kong AI-related IPOs is drawing capital away from the crypto market. Analysts suggest that while BTC remains resilient, the shift in liquidity toward traditional tech listings could cap short-term upside. The $80,000 mark remains a key psychological resistance level, with traders watching for a breakout or a deeper correction.
🏷️ Keywords:
#Bitcoin #BTC #$80 #000 #Asia #demand #Hong Kong #AI #IPO #cryptocurrency #resistance #correction #liquidity
#Bitcoin #BTC #$80 #000 #Asia #demand #Hong Kong #AI #IPO #cryptocurrency #resistance #correction #liquidity
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