Several factors could trigger a cryptocurrency market crash. Regulatory crackdowns, like government bans or strict policies, can erode investor confidence and limit adoption. Major security breaches, such as exchange hacks or wallet vulnerabilities, often lead to panic selling. Economic instability, including inflation or recession, may push investors to ditch volatile assets for safer options. Over-leveraged trading, where speculators borrow heavily, can amplify losses and spark a cascade of liquidations. A sudden drop in public interest or hype, especially after a speculative bubble, could dry up demand. Technological failures, like blockchain flaws or network outages, might undermine trust. Finally, coordinated manipulation by large holders, or "whales," dumping their assets could destabilize prices. These risks, combined with crypto’s inherent volatility, make crashes a recurring threat.