Ether charges above $1800 as Bitcoin reclaims 24k

Another move resultant from the US CPI data has been the rebound in the major cryptocurrencies. Both BTC and Ether have loved the gains in the US stock futures and fall in the dollar. That has now delivered a rebound to back above 24k in BTC and above 1800 in Ether. In fact, the charge higher in Ether is actually even more dynamic. It was noted here earlier today, that despite falling back towards 1650, the overall directional momentum was still positive. Well, now is has taken out $1800 and risen to as high as 1847 a few moments ago. That is almost a $200 gain from the earlier lows. ETHUSD is just now trading at 1840