A pH drop could be caused by a number of things.
1. Since your driftwood is fake, that won't be the cause but real driftwood can alter pH.
2. The cycle itself can cause the tank to become more acidic.
3. Sometimes substrates alter pH.
4. Also, sometimes the water which comes out of the tap is a different pH than it would be if allowed to sit (your municipal water dept might alter the pH to protect the pipes; safe for you, a bit of a pain if you have fish and it's a larg difference) -- to see if this is what is happening, fill a cup with water and allow it to sit overnight and test the pH at 12, 24 and 48 hours.
The difference you're talking about isn't a dramatic difference -- yes, a good difference (because each step in pH is a 10fold difference) but we're not talking about wild swings. What you may want to do, if the pH is being affected by anything except the cycle itself, is do more regular, smaller waterchanges to minimize the degree of pH swing.