The current price drop is a result of the negative sentiment that hit the bitcoin market and maybe this is due to the large number of FUDs being circulated by some authorities who don't like the attitude of the el salvador country which started to adopt bitcoin as a legal payment instrument  in the el salvador country a few days ago, I think this fud is deliberately done to bring down the mentality of the leaders of el salvador, but I believe that bitcoin prices will improve in the near future.