Ethereum breaks below $2000 again

Since the last update here on the progress of Ethereum (ETHUSD) the price has today dropped back below the noted $2000 level again. The move lower in Ether came as once more the upside momentum stalled yesterday and it was already dropping back closer to that 2000 level ahead of the wider US market close. Hence, it was already under pressure before the Asian session commenced and so it did not seem to take much to push it through the level a little earlier this morning. The drop back was due to a combination of a weaker BTC price and another fall in the relative price of the two at the same time. That has helped to push Ether to as low as 1978 so far today. It has just now rebounded a little but it is yet to climb back above 2000. The risks of a deeper fall are clearly enhanced by the price action seen so far today. ETHUSD is just now trading at 1995