One analyst inquired if the bull market was poised for a pause.
Bitcoin BTCUSD, -5.5 percent, dropped 10 percent to $59 289 and Ether Ethereum USD (-7.06 percent on the www.advisorhome.us advisorhome advisor home Website advisor home us Ethereum blockchain) fell 11% to $4162. Similar losses were seen throughout the industry.
The Bitcoin rally was a turbulent one that started in November, and it continued to rise to $68,990. It also took Ether to an all-time highest of $4865.57.