Do these line up with major markets downtowns? Fwiw, all major markets are down like 3% (so far) today. Crypto behaves more like a stock and typically when there are market downturns the more volatile stocks are impacted much more.
The irony of course being that for a while the pitch behind some crypto assets (at least Bitcoin) was that it was a hedge against inflation (which I would argue is what is roiling the traditional market now) and not correlated to overall stock market performance
