2026-01-16 20:23:10

Why did Asian stock markets and currencies suddenly "divorce" each other?

The previous pattern was very clear: foreign capital entering Asian markets → buying both stocks and local currencies → stock markets rise, and currencies appreciate, usually maintaining a positive correlation of 0.4 to 0.8 or higher. It sounded like a community of shared destiny.

But by September 2025, this traditional script was broken. The black stock market line on the chart continues upward, breaking through, while the red currency line turns downward, even breaking through previous key support levels. This kind of divergence is indeed rare.

What is the underlying logic? First, let's look at why the stock market is rising — AI themes have been the main driving force. Tech stocks and AI concept stocks continue to attract capital, with this capital flow being relatively concentrated. On the currency side, however, different pressure environments are at play. These two forces operate independently, resulting in this seemingly contradictory situation.

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LightningWallet

· 47m ago

The stock market is soaring while the currency is plunging. Isn't this a sign that AI hype can't support the market? Tech stocks are bleeding heavily, and all other funds have been drained. Wait, is this wave of market activity again cutting leeks? The tricks are still the same old story. In the crypto world, with this appearance, how can anyone still say the Asian market is stable? I just want to ask, when will this division heal? Something doesn't feel right; it seems like something big is about to happen. The AI hype has burst, but reality remains reality.

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MetaMaximalist

· 8h ago

nah this is just sector rotation playing out... capital concentration in ai narratives always decouples from macro currency dynamics, honestly saw this coming from the adoption curve perspective. when tech gets overhyped, fiat flows get fragmented—classic innovation arbitrage happening right before our eyes tbh

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LidoStakeAddict

· 9h ago

The stock market is hyping AI, but cryptocurrencies are crashing—this is truly outrageous. Wait, isn't this just capital flow divergence? The tech sector is dominating. The Finchi phenomenon... I've never seen such a ridiculous decoupling before. The 0.8 positive correlation is gone in an instant—magical. This wave of AI market is really aggressive, to the point where even the coins are not moving. This decoupling is severe; it feels like the market is about to have problems. Traditional rules are breaking down; who still dares to trust the fundamentals?

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LiquidityOracle

· 9h ago

Coins fall, stocks rise, isn't this just funds flowing selectively? The AI concept is so hot that no one cares about the exchange rate... Wait, how long has this divergence been going on? It doesn't seem that simple. The stock market eats into profits while coins bleed, which doesn't feel very healthy, bro. Asian coins are really under pressure this time, as hot AI money is flowing entirely into tech stocks. With such a clear divergence in capital flows, be careful not to step into traps later.

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GweiWatcher

· 9h ago

Oh no, AI concept stocks are疯狂吸血, but the coins are falling, this is too outrageous Currency faces heavy downward pressure, the stock market is being inflated by AI, and funds are flowing selectively like this When will Asian stocks and coins appear together again? It feels like the separation has been going on for a long time How long can the gains driven by AI hype be sustained? It's a bit uncertain Coins depreciate while stocks rise, this situation is a bit uncomfortable to watch, who is really cutting the leeks? The correlation has broken, this is the real market signal, we need to keep a close eye

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BearMarketBarber

· 9h ago

AI is going crazy, but the coins are falling. This logic is a bit crazy. The stock market eats meat, the currency drinks soup, and this is how the divergence happens. How much longer can AI really hold up? Feels a bit虚. The crypto圈 was cut again, the套路 is still the same. Why can AI rise while currencies must fall? This market is really outrageous.

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