The "conference drop" curse strikes again? Abu Dhabi Bitcoin Conference faces price testAs Bitcoin's price fluctuates around $92,000, the final major industry event of 2025—the Bitcoin MENA 2025 conference—kicked off in Abu Dhabi. A “curse” that has haunted the market once again comes into focus: so far in 2025, the previous four major Bitcoin conferences have all seen price corrections during the events, with drops ranging from 5% to 12%. However, this conference comes under entirely different circumstances. UAE national security officials have openly declared Bitcoin a “key pillar” of future finance, and the sovereign wealth fund Abu Dhabi Investment Council (ADIC) increased its Bitcoin holdings to $518 million in Q3. This time, will the steadfast stance of Middle Eastern capital break the “drop during every conference” pattern?
MarketWhisper·1m ago