Bitcoin, Ether Drop near Multi-month Lows Following Fed Minutes

Bitcoin plunged below $43,000 on Thursday to a multi-month lows following the Feds' minutes that showed it was leaning toward more aggressive policy action against riskier assets.

The crypto cryptocurrency last registered at $42,700, down 1.7%, after losing 5.2% on Wednesday, near last month's low of $42,000, after hitting a record high of $69,000 in November.

Ether, the world's second largest cryptocurrency also lost about 5.2% on Wednesday, touching its lowest level since October, before rebounding to $3,460.

Last year, the government in Kazakhstan began cracking down on some miners, fearing that the energy-intensive process was using too much energy.