© Reuters. Ethereum crashes 25%

Investing.com - Prices of Ethereum extended their recent decline on Tuesday, remaining under pressure amid ongoing chatter of a .

prices dropped by around 25%, or $60.00, on the U.S.-based GDAX exchange operated by Coinbase to $176.12 by 3:25AM ET (0725GMT), its lowest level in more than a month.

Ethereum notched its third weekly loss in a row last week amid concern the cryptocurrency faces a period of correction after rallying to record-highs.

Prices are down almost 55% since peaking at an all-time high close to the $400-level in mid-June.

Meanwhile, continued to struggle as investors remained wary of initiating large position amid several warnings from analysts that the digital currency has peaked since hitting $3,000 last month.

The cryptocurrency was at $2,300.20 in early trade, down about 8.7%, or $218.00.

Other prominent cryptocurrencies such as and also felt the pressure, down around 9% and 25% respectively.