The price of ETH has crashed by 10% in a sudden market downturn. As of this writing, the price of ETH is $1,513. The downward trend started at 1:14 PM, when Ethereum was worth $1,626. Then the market began to tank; it hasn't yet recovered. Ethereum's crash comes a day before the Chicago Mercantile Exchange launches ETH futures. The CME's futures are thought to bring a bucket-load of money to Ethereum since it comprises a regulated, efficient way for institutional investors to speculate on the future price of the coin. It could also be the case that traders are exiting their positions ahead of the listing; CME's ETH futures contracts make it a lot easier for institutional investors to short ETH-in other words, bet against it. CME launched Bitcoin futures on December 17, 2017, the day after Bitcoin hit its highest price for that bull run, $19,015. Thereafter, Bitcoin's price trundled downhill, marking the end of the bull run. That said, 2021's crypto market doesn't look a lot like 2017-gone are the days of scammy ICOs (we hope). Ethereum's crash comes a day before the Chicago Mercantile Exchange launches ETH futures. The CME's futures are thought to bring a bucket-load of money to Ethereum since it comprises a regulated, efficient way for institutional investors to speculate on the future price of the coin. It could also be the case that traders are exiting their positions ahead of the listing; CME's ETH futures contracts make it a lot easier for institutional investors to short ETH-in other words, bet against it. CME launched Bitcoin futures on December 17, 2017, the day after Bitcoin hit its highest price for that bull run, $19,015. Thereafter, Bitcoin's price trundled downhill, marking the end of the bull run. That said, 2021's crypto market doesn't look a lot like 2017-gone are the days of scammy ICOs (we hope).