The crypto market can experience sharp declines due to various factors:

- **Market Sentiment**: Fear and panic selling can quickly drive prices down.

- **Regulatory News**: Announcements of stricter regulations or bans can cause market drops.

- **Market Manipulation**: Large investors ("whales") can influence price movements.

- **Global Economic Conditions**: Economic instability or interest rate hikes can reduce risk appetite, affecting crypto.

- **Security Issues**: Hacks or network failures can shake investor confidence.

- **Speculation**: Overhyped speculation can lead to unsustainable price surges, followed by corrections.

These factors make the crypto market highly volatile, but understanding them helps in navigating the ups and downs.

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