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Cryptos lose ground as bitcoin falls 23%, ether 29% in last 24 hours

After rallying to record-setting prices, recapturing the attention of the public and becoming once-again the topic du jour, cryptocurrencies are losing ground today.
Bitcoin, the best-known cryptocurrency, peaked at more than $41,000 apiece on January 8. Today after shedding a little over 23% in the last 24 hours, one bitcoin is now worth around $31,800.
Similarly, ether, the token associated with the Ethereum blockchain, peaked at a little over $1,300 on January 10. Today, after losing an even sharper 29% in the last 24 hours, ether tokens are worth around $960 apiece.
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