S&P 500 hits a new high as Bitcoin breaks $80,000 and slips to $78,759.70

On May 13, Bitcoin fell through $80,000 and printed an intraday low of $78,759.70 while the S&P 500 set a fresh all-time high. The same session saw QQQ rise 1.06% and Nvidia gain 2.84%, highlighting a rally concentrated in cash-flowing megacaps rather than liquidity-driven assets. Analysts argue this split leaves BTC vulnerable when liquidity tightens and ETF flows and derivatives positioning remain weak.