So can mainstream coins really hedge against risk? A little bit of news can make them lose their direction.

What caused this drop?

Is it because a certain exchange was fined 500 million? Isn't that just a drop in the bucket?

A certain user's funds on Binance were stolen? Isn't that a trivial matter?

It feels confusing; it seems like even the smallest events can affect the crypto world?

Or maybe it was going to drop anyway, and these news items just happened to coincide.