Market volatility is back again, and everyone is chasing headlines. What we’ve seen in the past few days is quite interesting—geopolitical tensions, oil prices, and then everything reflecting in the crypto market.

Speaking of Bitcoin, it’s been making quite the stir in the coin bazaar. A few days ago, it went above $78,000 when news about Hormuz came out, but now it’s trading around $77.41K. It’s down 1.29% over the last 24 hours. Bitcoin dominance remains around 59.8%, which means altcoins still aren’t writing their own story.

Ethereum is following the same trend—it’s at $2.32K and is down 0.82% over the last 24 hours. But what’s fun is the commotion happening in the altcoin sector.

Have you seen what happened to BLUR? After news that the NFT marketplace Foundation is shutting down, it first jumped 22%, but now it’s down 0.25%. There’s some activity in BOME and other meme tokens—BOME is up 1.80%. As for ASTEROID, due to Elon Musk, it hit $200 million a few days ago; now it’s up 0.43%.

But the biggest news is about RAVE. Something has gone wrong with this token—several exchanges have started investigating price manipulation, and it’s down 16.87% in 24 hours. AAVE is also in trouble because, due to the KelpDAO exploit, more than $6.6 billion has been withdrawn.

The biggest thing in this coin bazaar is that everything depends on news. Hormuz opening, then closing, U.S.-Iran talks—everything is shaking the market. In the next few days, there will be a hearing on Tennessee’s Bitcoin Reserve Bill, and the Hong Kong Web3 Carnival is also underway.

Tokens like ZRO and KAITO are undergoing unlocks that could affect the market. HYPER and LMTS are also set to unlock this week. If you’re active in this coin bazaar, you should keep a close eye on these moves, because right now everything is driven by news, and any major announcement could change the market’s direction.