1. Powell commented cryptocurrencies as "a speculative asset" which leaded to an adjustment in Bitcoin price but a rising trend in Gold
2. US President is considering spending $3 trillion on infrastructure in the States which draws investment capitals into the US stock market
Even there is an adjustment in the Bitcoin price these days but it is expected it will recover soon.
1. That doesn't even count as a reason why there's a bit of correction.
2. I don't also think that's enough reason why we've seen a drop.
Usually, the drops are really caused by most of us, the people of the market and don't think of it as something that you have to be disappointed in. They're normal drops and think how much gain we've made just for 3-4 months.