Hey, I have some moderate experience over this crypto world. Why the market is extensively volatile. Alike traditional market does crypto too impacted of many major changes.
Market is volatile because it's depending to what is on demand of traders in the market and its normal to the market that its volatile because we all know its a decentralized market. Even centralize market have changes too so it comes to market I think volatile is normal.
the number of requests on the market greatly affects the value in the market so the number of requests is always changing and the value often changes.
This is usually experienced in every market, and indeed the market is currently experiencing a downturn that is difficult to move and may also be caused by several factors, because market movements are caused by a number of things and not just because of the many requests.
but don't panic too much because this condition will end soon.