Analyst Charles Edwards identifies two fundamental structural problems driving the recent crypto market plunge. Edwards argues that this downturn isn't merely tied to broader economic headwinds—instead, it's rooted in Bitcoin's perceived structural vulnerabilities and the industry's over-reliance on leverage. He observes that Bitcoin is increasingly seen as "the world's most exposed asset to quantum threats," a concern that, when paired with rampant leverage across the sector, is fueling panic selling. Therefore, the issue transcends normal market fluctuations, pointing to deeper anxieties about Bitcoin's technical weaknesses and the fragile infrastructure built on highly leveraged platforms and investment vehicles that magnify losses when market sentiment shifts.