The recent drop in cryptocurrency prices has been significant and has been driven by several key factors.

The main reasons include:

1. The situation in the Middle East: The escalation of conflicts in the Middle East has caused panic in financial markets, including cryptocurrency. Investors have begun to exit risky assets, which has led to a drop in prices.

2. Trade war: The new round of the trade war between the United States, Canada, Mexico and China has also affected the cryptocurrency market. The introduction of tariffs of 25% on goods from Canada and Mexico and 10% on imports from China has caused an immediate response, which has led to a drop in prices.

3. Macroeconomic factors: Cryptocurrencies are sensitive to macroeconomic events, especially when they threaten the stability of the global economy. The fall in the stock market has also affected the cryptocurrency market.

4. Investor Disappointment: Investor disappointment with Donald Trump's crypto policies also contributed to the price drop. During the election campaign, he promised to make the US the "crypto capital of the world", but there have been no real actions to promote the development of the crypto market. These factors together have created pressure on the cryptocurrency market, which has led to a decline