The losses extend to almost 8% for the week

The historical data around the Bitcoin magazine annual Bitcoin conference showed a clear scheme of bad price performance for Bitcoin during and just after the event. The indicator did not disappoint in 2025, with Bitcoin To struggle at the end of May / early June at the side, then after the Las Vegas conference this year.

The logic behind this price action is not so difficult to decipher: in the weeks preceding the show, the conference organizers – seek to sell tickets and generate media coverage – over and over the speakers and what will certainly not be “massive” announcements.

The following is the usual distribution of influencers, Bitcoin Ogs and newcomers in the sector (This year, the trumps) touting “the money of freedom”, “massive institutional and sovereign adoption” and “bitcoin to the moon”.

How could the price do something other than dump?

Bitcoin Asia

For those who do not pay special attention, the Bitcoin Asia conference of Bitcoin magazine took place this week in Hong Kong.

Feathered speakers included Eric Trump, CZ, Adam Back, Balaji Srinivasan and David Bailey. Among the subjects covered – you guessed it – “money of freedom”, “massive institutional and sovereign adoption” and “bitcoin to the moon”.

Price action: highly lower.

At around $ 115,000 while participants started arriving in Hong Kong earlier this week, Bitcoin dropped to the current $ 108,400. This included approximately a 4% dive overnight in the United States (Friday in Hong Kong) While David Bailey and Eric Trump have taken the scene for a cat entitled “Bitcoin takes control of the world”.

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