What should have been a week of bullish energy at Bitcoin Asia turned into yet another brutal reminder of cryptoâs uncanny âconference curse.â Instead of rallying on hype and headlines, Bitcoin unraveled â sliding from $115,000 at the start of the event to just $108,400, its lowest level since July.
The breakdown wasnât slow either. A sharp 4% overnight plunge in U.S. trading hours wiped billions in value, hitting just as David Bailey and Eric Trump took the stage with their panel, âBitcoin Takes Over the World.â
This isnât the first time â Bitcoin Magazineâs flagship U.S. conference has also been followed by steep sell-offs, cementing the eerie reputation that crypto gatherings have for sparking market downturns. Whether itâs âsell the newsâ psychology, whales unloading into hype, or just uncanny timing, one thing is clear: when conferences hit, Bitcoin bleeds.
