Market's down today, feels like it's more oil/geopolitics than crypto-specific

Crypto's down about 1% today, total market cap sitting around 2.24T. From what I'm seeing, it's less about anything crypto-specific and more that the S&P kept climbing and pulled money into stocks instead. Also oil jumped above $85 today, highest since mid-June, tied to the Iran situation escalating, which is reviving inflation worries and pushing people toward safer assets in general. Interesting part though, BTC dominance is actually climbing while alts bleed, so even within crypto it's a bit of a flight-to-safety pattern happening.

Does anyone else feel like today's move is more "outside noise" than anything actually crypto related?