Ether balks close to new record

The sharp drop back in BTC this afternoon has seen similar moves unfold elsewhere and none more to than in Ethereum (ETHUSD). The second largest coin rose to within an inch of setting a new all time record high a little earlier on when it rose to $4,372. That was just $7 short of the current record high, at $4,379 (reached May 12). That price point was noted here earlier on before Ether took off for a look at that level. The fact that it got so close, but rejected a move to fresh records is not entirely conclusive at this stage, but more than a little disheartening for holders of this one. The drop back right now is accelerating as this update is being written and coincides with Bitcoin falling closer to the noted, interim support level at around 64k. ETHUSD is just now trading at 4,165 and as with BTC the price action is incredibly rapid and sporadic at times