BTC Sinks Past $109K Following Conference-Linked Market Signal

Bitcoin (BTC) has tumbled approximately 6% from $115,000 to $108,400 during the Bitcoin Asia conference in Hong Kong. Historically, both U.S. and Asia-based Bitcoin events have coincided with downward price pressure.

Technical observers note that overnight U.S. trading saw a 4% drop, reinforcing the pattern of post-conference volatility. High-profile speakers included Eric Trump, CZ, Adam Back, Balaji Srinivasan, and David Bailey, who emphasized institutional adoption and Bitcoin as “freedom money.”