A series of negative events contributed to the 10-day price drop, but no single factor was solely responsible.
Source
"Bitcoin's 10-Day Price Plunge Explained" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
The decline from $81,000 to $67,000 is attributed to cumulative effects of various negative developments, rather than a single cause.
BTC · 7D · $63,899−15.3%