The recent cryptocurrency market crash has been attributed to several key factors, according to AiCoin. A significant driver was the U.S. decision to double tariffs on China, which sparked fears of escalating global trade tensions and economic instability. This was compounded by high leverage liquidations, with over $200 billion in forced closings, leading to widespread panic selling. Additional contributors to the downturn included the Federal Reserve's lack of communication regarding potential rate cuts and the looming threat of a U.S. government shutdown. Security concerns affecting exchanges and blockchain projects further exacerbated market anxiety. AiCoin highlighted the importance of monitoring U.S. tariff developments, the upcoming October 29 FOMC meeting, and market sentiment indicators such as the fear/greed index and fund flows for future market insights.