Bitcoin's significant price drop in November was largely concentrated during US trading hours, according to CoinDesk analysis. The cryptocurrency experienced a roughly 30% decline during these hours, while showing relative stability or minor dips during Asian and European trading sessions. This pattern suggests a strong influence from US market dynamics. Kyle Roda, chief market analyst at Capital.com, highlights the correlation between Bitcoin and US tech stocks. Both are considered risk assets and sensitive to US monetary policy. High retail investor participation and the availability of high leverage trading in the US market may amplify these effects, contributing to the intensified sell-offs during US trading hours. Understanding these trends is crucial for investors navigating the volatile cryptocurrency market. ```