【Fantasy Movies | Adult Movies Online】

After remaining fairly stable at around $10,Fantasy Movies | Adult Movies Online000 for several months, the price of Bitcoin plummeted by roughly 15% late on Tuesday, reaching a low of $8,165 on Coinbase.

Other major cryptocurrencies, like Ethereum and XRP, followed suit, recording similarly drastic losses before recovering slightly. The prices at writing time are $8,398.1 for Bitcoin, $165.9 for Ethereum, and $0.24 for XRP according to CoinMarketCap.

Sharp losses and gains in the world of cryptocurrencies aren't uncommon, but this event is interesting for several reasons. Besides breaking a period of relative stability and pushing the prices of major cryptocurrencies to levels unseen by June, it comes after a few interesting developments for the crypto space.

---

You May Also Like

---

---

Original image has been replaced. Credit: Mashable

Most important among these is likely Monday's launch of a cryptocurrency futures product by Bakkt, a crypto market backed by the Intercontinental Exchange, Microsoft, Starbucks, and Boston Consulting Group. The long-expected launch has seen tepid interest from investors, with a volume of just 71 bitcoins.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

This Tweet is currently unavailable. It might be loading or has been removed.

"The disappointing BAKKT opening signals to the crypto community that institutions are less ready to invest in BTC at scale than was supposed, which means the price was probably too high and due for a correction. What we've just seen is short sellers and momentum traders piling on to make things worse, and now here we are back at support," Alex Mashinsky, CEO at crypto lending and depository company Celsius Network, told Mashable in an emailed statement.

It's also worth noting that the launch of CME's bitcoin futures product in Dec. 2017 roughly marked the end of a wildly bullish period for cryptocurrencies and the start of a grueling bear market which lasted a year.

Earlier this month, VanEck and SolidX have withdrawn their proposal for a Bitcoin exchange-traded fund (ETF). Numerous similar proposals have all been rejected by the U.S. Securities and Exchange Commission, which has so far found the cryptocurrency markets aren't mature enough to approve an ETF product.

Now, the question is whether we're still in a bull market, or has this latest price drop reversed course completely. The price of Bitcoin experienced a period of fairly steady rise since January, increasing from roughly $3,500 to over $13,300 in July -- and most major cryptocurrencies followed in a similar trajectory. Now, however, prices have been on the decline for more than two months, and the case for a bull market is getting weaker by the day.

Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH. 

Topics Bitcoin Cryptocurrency

• Deals
• Life
• Entertainment
• Games
• Digital Culture
• Shopping
• Social Good
• Tech

• NYT Strands hints, answers for April 26
• John Cena to make his publishing debut with new children's book series
• 'Jeopardy!' contestants completely fail football category, Trebek gets sassy
• So, Justin Timberlake DID do a Prince tribute during his halftime show
• Best robot vacuum deal: Get the Roborock Q5 Max for 53% off at Amazon
• Nintendo refuses to answer questions about Mario's sex life
• Elon Musk's flamethrower appears on eBay t for jacked
• 'Crocodile Dundee' reboot is an ad, but folks want it to happen anyway
• Commissioning Misleading Core i9
• TiVo will let you skip the football and watch just the Super Bowl commercials

• '10 MacBooks' hacker returns to Twitter, steals actor LeVar Burton's account
• 'I am the canary': Vivienne Westwood protests from giant birdcage for Julian Assange
• Google's Duet AI will bring generative AI to Docs, Sheets, Meet, and more
• 'Run Rabbit Run' trailer sees Sarah Snook dealing with her own creepy child
• Google directed a sick burn at Apple during I/O 2023
• Google's Magic Editor will use generative AI to make up for your bad photo skills
• The Tyranny of Footnotes by Paul Wachter
• Two ‘Paris Review’ Events Not to Be Missed by The Paris Review
• Influencers stopped caring about the pandemic. Here’s why that's so dangerous.
• Something for Nothing by Ian Crouch

• Inside the Murky Process of Getting Games on Steam
• What it's like to live as a tea drinker in a coffee drinker's world
• Tesla's helping Australia build 'world's largest virtual power plant'
• Twitter reacts to first 'Solo: A Star Wars Story' trailer, loves Lando
• The strangeness of Japan's decision to start openly hunting whales
• 'Pioneers of African
• Milo Ventimiglia talks Crock
• Librarians' sassy display perfectly sums up the kind of questions they have to deal with
• TikTok wants me to host a dinner party. Is that an actual recession indicator?
• What are deepfakes? A guide to the internet's new face

• Reality Distortion Field: 10 Things Apple Won't Directly Say But We'll Infer About the iPhone X
• 'This Is Us' hilariously scrambles to clear Crock
• Cranky fans try to sabotage the 'Black Panther' Rotten Tomatoes score
• 'Pioneers of African
• Better Buy: Previous
• Justin Timberlake's 'Man of the Woods' gets savage review by Pitchfork
• Facebook deletes angry DC fanboy group trying to bring down 'Black Panther'
• Justin Timberlake's 'Man of the Woods' gets savage review by Pitchfork
• Episode 4: The Wave of the Future
• Lady Gaga cancels UK tour due to 'severe pain,' pens Twitter apology