FILE PHOTO: A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo

SINGAPORE (Reuters) – Cryptocurrencies slid during Asian trading hours on Monday, with bitcoin dropping more than 5%, as investors took profits from a record-breaking rally.

Bitcoin fell as much as 5.6% to $45,914 and rival cryptocurrency ethereum dropped more than 8% to $1,655. Both had hit record highs in recent days as the asset class gains more mainstream acceptance.

Reporting by Tom Westbrook; Editing by Kim Coghill