Why was the cryptocurrency market affected by the war?

Geopolitical conflicts are like throwing a bomb into the market, causing funds to frantically flee to gold and oil (gold prices surged to $3430, oil prices soared by 6%). And what about the cryptocurrency market? It should clearly be the 'digital gold', but instead, it plummeted along with the US stock market. To put it bluntly, large funds currently only recognize 'true safe havens' and do not trust that altcoins can withstand risks. Furthermore, the market was previously highly leveraged (BTC open contracts rose by 18% in a week), and the big players directly crashed the market to harvest profits, leaving retail investors with no chance to escape.