Ether slumps again

Since the last update here earlier this morning, Ether has taken another hit. The second largest cryptocurrency has now fallen by as much as $100 or more since the time of the previous update. The drop below $1900 seemed to spark a raft of fresh selling as it crumbled very quickly to as low as $1,820 just a few moments ago. The move lower in Ether is also helping to push BTC down to fresh session lows too, although the relative price between the two has swung quite markedly in favour of Bitcoin at the same time. If this current fall continues to extend then it might soon bring back that very important $1700 level back flashing on the radar screens. ETHUSD is currently trying to rebound a little, just now trading at 1836