The crypto market saw a noticeable pullback this week, with total market capitalization dropping by 3.8% as investors reacted to growing uncertainty across global markets. Bitcoin (BTC), often seen as a more stable asset in the crypto space, recorded a relatively modest decline of 2.91%. However, the broader altcoin market experienced steeper losses. Solana (SOL) dropped significantly by 15.66%, while Avalanche (AVAX) saw a sharp 19.82% decline. Other altcoins also faced downward pressure, contributing to the overall market slump. According to market analysts, this widespread dip may be tied to rising geopolitical risks, including escalating tensions in key global regions, as well as increasing concerns over a potential economic recession. These factors have led to a more risk-averse sentiment among investors, prompting sell-offs and reducing overall trading activity. The current trend suggests a cautious market environment as traders look for more clarity before re-entering with confidence.