Crypto
Ethereum Price Drops Below $1,900 as Traders Unwind Positions
Ethereum's price has fallen 2.4% from $1,918 to an intraday low of $1,872 after traders sold on the U.S. inflation reaction.
The decline erased the token’s initial response to the latest U.S. Consumer Price Index report and returned Ethereum below the psychological $1,900 level.
According to data from crypto.news, Ethereum ($ETH) price traded near $1,879 at the time of writing after falling from an intraday high around $1,918 to $1,872.