The fall of the market depends on the economic situation in the world.
The crypto market is not attached to the usual markets we have in the world. But it seems that everyone is seeing that whenever the other markets fall, crypto is also doing the same.
When economy falls people do not trust the inflation and sell cryptocurrency to invest money in more stable assets.
There's no need for those "people" to trust or not trust inflation because no matter what, it is imminent and can't be skipped. As for those people that sell their holdings for another asset. It is a wise thing, if they've made a profit already and want to invest into another asset, there's no stopping them because even I, I'm also doing it.