The market seen from outside de US.

From MXN, this market honestly doesn’t even look that volatile. The last few days are like 0.4% jumps. From down here it looks much less chaotic.

My extremely uninformed take is that higher volatility in USD just gives insiders more room to do their favorite tricks: pump, dump, shake out retail, trigger stops, invent a narrative, etc. While in reality the price of the market is mostly stable for all other coins.

Edit: Sorry for the spelling mistake in the title. Spanish autocorrection.