Historic knowledge round Bitcoin Journal’s annual U.S. Bitcoin Convention has proven a transparent sample of poor value efficiency for bitcoin throughout and simply after the occasion. The indicator did not disappoint in 2025, with bitcoin struggling in late Could/early June alongside after which following this 12 months’s Las Vegas convention.
The logic behind that value motion is not that onerous to decipher: within the weeks main as much as the present, convention organizers — seeking to promote tickets and generate media protection — overhype the audio system and what are positive to be “large” bulletins.
What follows is the same old solid of influencers, bitcoin OGs and newcomers to the sector (this 12 months the Trumps) extolling “freedom cash,” “large institutional and sovereign adoption,” and “bitcoin to the moon.”
How may the worth do something however dump?
Bitcoin Asia
For these not paying shut consideration, Bitcoin Journal’s Bitcoin Asia convention passed off this week in Hong Kong.
The featured audio system included Eric Trump, CZ, Adam Again, Balaji Srinivasan and David Bailey. Among the many material coated — you guessed it — “freedom cash,” “large institutional and sovereign adoption,” and “bitcoin to the moon.”
The worth motion: sharply decrease.
At round $115,000 as attendees started arriving in Hong Kong earlier this week, bitcoin has tumbled to the present $108,400. This included a couple of 4% dive in a single day within the U.S. (Friday in Hong Kong) as David Bailey and Eric Trump took the stage for a chat titled “Bitcoin Takes Over the World.”