Ether has a very close look at $1000 following US CPI data

Beyond the dollar, the US stock markets, gold and bonds, the other reaction to the much stronger than expected US CPI data has seen the leading cryptocurrencies slump. Bitcoin dropped below 19k on this news and Ethereum (ETHUSD) had a very close look at the noted and important $1000 price point. The low so far on BTC has been set at 18,917 and the low on Ether was set at 1,006.19. It is trying to rally a bit now, but the threat of a possible break below $1000 this afternoon does remain elevated. In fact, it would be a surprise here if that were not to unfold. That is not assuming it will, but the risks clearly remain elevated still. ETHUSD is just now trading at 1036.50