Why has AVAX dropped?

Why has AVAX dropped?" I inquire, my curiosity piqued by the recent market fluctuations. Could it be due to the overall crypto market sentiment? Has there been any negative news surrounding the Avalanche blockchain, the platform that AVAX represents? Or perhaps it's a correction after a recent surge in price? It's important to understand these underlying factors to gain a clearer picture of what's driving AVAX's price movements. After all, cryptocurrencies are notoriously volatile, and understanding the reasons behind their fluctuations is crucial for making informed investment decisions.