The crypto market is not just influenced by one happening. When you look at it, you've got to look at different sides because there are several things happening at the same time and you might not notice it but these affect the market, if not big, little by little. There goes FUDs, the correction period, the manipulators or the so-called whales, etc.

Remember that the market is volatile and is affected not just by one, but of many reasons.