On the top of my head:
1. some macro stuff
2. some covid stuff
3. people are over-leveraged
4. because markets do markets stuff
Pick one or a few; your guess is just as good as mine.
^Reply ko mins ago lang.
Ano naman ang dapat nating gawin sa mga ganitong sitwasyon para hindi tayo malugi?
Invest wisely? Wag overleveraged, etc. Hindi naman na bago sa bitcoin/cryptocurrency space ang ganitong price drops.