What would cause bitcoin to drop 30% or more?
First of all this just a correction freen if you take a look the weekly chart you can notice that bitcoin already up 117% from the August to January I mean there will be no other traditional asset that can make significant gain in less than a year so drop 30% more is fair correction.
and then there is news like trump tariff its wipeout the entire stock market aswell surge the price of gold and make mixed signal to crypto