Analysts were questioned whether the bull market was poised for a pause.

 The price of bitcoin BTCUSD, -5.55% fell 10% to $59,289 while Ether ETHUSD, -7.06% on the Ethereum blockchain fell 11 percent www.guidetechnology.us guidetechnology guide technology Website guide technology us to $4,162. Similar losses were observed across the whole sector.

 A turbulent rally that began in early November saw bitcoin hit a record of $68,990, and then sent Ether to an all-time record high of $4,865.57.