It's not that the market has worsened; it's that the outside world has suddenly become tense, and funds are starting to seek safety.

Trump's speech was very tough on Iran,
and hinted at possible attacks on energy facilities and the Strait of Hormuz.
The market's first reaction: oil supplies might be cut off.
This triggered a chain reaction:
Oil prices surged, gold plummeted, stocks and the crypto market came under pressure.
So, it's not that the crypto market is having issues; it's that macro sentiment has suddenly deteriorated.