Why are waves so big now?

I'm curious, why are waves in the cryptocurrency market currently experiencing such significant fluctuations? Could it be due to the influx of new investors, or perhaps the heightened volatility caused by geopolitical tensions? Is there a particular factor driving these waves, or is it simply a reflection of the market's inherent volatility? I'm eager to understand the reasons behind these large swings and how they may impact investors' decision-making processes.