Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Sink Deeper in the Red

Assets like Bitcoin, Ethereum and Bitcoin Cash are all seriously in the red, having dropped anywhere from a few hundred dollars to over $1,000 since experiencing monthly highs last week.

The price of Bitcoin has fallen dramatically over the last 24 hours.

A Mt. Gox trustee is suspected of having moved several Bitcoin funds into four separate wallets, which may have triggered a subsequent sell-off and contributed to the price fall.

Several trustees of the now infamous Japanese exchange have continued to move large sums of Bitcoin despite acknowledgments that such actions may contribute to wide price swings in what is already a widely unstable market.

Sluymer blames the current price drop on newfound regulatory attempts but feels that these will soon thin out, allowing bitcoin to recover by summer.

Ethereum has dropped nearly $100 from its previous mark of $752 mentioned during our last price piece.

ETH is now trading for about $680. However, respect and awareness for the coin could grow in the upcoming weeks as crypto-trading firm Crypto Facilities in the United Kingdom announced today that it will begin trading Ethereum futures in the tradition of Bitcoin futures and XRP futures, which were introduced in 2015 and 2016 respectively.

The price drops incurred by both BCH and Ethereum in recent days has lit a fire in the ongoing "War" between traders.

Many ETH enthusiasts say that Ether is a pure form of cryptocurrency technology, and free from interference and tampered preserves, while Bitcoin Cash supporters believe BCH is more reliable, boasts faster forks, and is a stronger representation of what Satoshi Nakamoto had in mind for the cryptocurrency.

Litecoin has crashed to about $140. This marks a massive fall from $157 since our previous price discussion and a 10.5 percent drop over the last 24 hours.