With Crypto currency, someone like Elon Musk has a bit of influence. Like when he drove up the price of DogeCoin. In a recent tweet, Elon Musk mentioned Tesla will no longer be accepting Bitcoin as payment due to it's electrical demands and less than ideal renewable energy used to power the grid. Bitcoin itself consumes 0.78% of all electrical demands globally. It's believed that 73% of this is from renewables.
As a result, most proof of work cryptos are taking a hit while proof of stake cryptos have seen a jump. Bitcoin is down 17%, Ethereum up 8%, DogeCoin down 27% and Cardano up 44% in the last week. Most of that change happened in the last couple days with Ethereum now trending down.