Bitcoin, Ethereum Prices Drop 8% as Crypto Bulls Retreat for Now

From decrypt.co

The crypto market bears are back today, as Bitcoin and Ethereum—the market’s leading coins—are both experiencing significant losses. Bitcoin today shed nearly $2,000 from its price, dropping as low as $33,500, in a matter of hours. Meanwhile, Ethereum sank by roughly $1,000 after hitting a fresh all-time high above $1,400 yesterday. Both BTC and ETH are down around 8% on the day. After peaking earlier this month at above $40,000 per coin, Bitcoin suffered a massive correction—the worst one in its short history, measured in USD. It fell over $11,000 (a loss of nearly 30%) in three days.