The crypto-currencyEthereum has been under pressure to sell while investors are cashing in their gains after the recent rally.
The cryptomony loses 19.3% on the GDAX exchange up to $ 250.00. At 5:20 AM ET (0920GMT), the currency was at $ 250.00, down $ 50.80 or about 16.6%.
Last week, the Ethereum dipped up to 10 cents from $ 317 in seconds after a flash crash.
Digital money lost 35% in the last two weeks. It remains up by 2,000% this year.
Meanwhile, the Bitcoin is struggling to progress, while investors are cautious after many analysts said the currency had peaked when it reached $ 3,000 last week.
The cryptomony is at $ 2,469.80, down 5%.