Ambition and greed create and drive these trends along with large movements of money from companies that are highly influential.
It has been witnessed for a long time that when these situations occur, they significantly affect the market, causing a group of people to bend towards a trend either to buy or to sell.
The most classic example we have with the Doge coin and the words that were said on Twitter that made the purchase skyrocket in millions.
Greetings @reinaldoverdu certainly a great contribution that you make us, the volatility of the crypto markets is a function of many variables that we can call in terms of time, volume, supply and demand of the product, which is why it becomes so difficult to predict the movements of a particular currency.