Ethereum (ETHUSD) drifts lower in weekend trading

On Friday Ethereum (ETHUSD) hitched a ride on the coattails of Bitcoin for a change. On several days recently, it has been the other way around, but not on this particular day. As we know Bitcoin surged on the spurious Elon Musk headlines, and that was noted here long before it was picked up on many of the leading newswires. That Bitcoin move helped to shunt Ether to as high as 1439.92 on Friday afternoon. Just the day before it had been trading as low as 1220.50. The range set on Friday was covered by 1288.55 to that 1439.92 high. So it was a little more condensed that some days of late, where daily ranges in excess of $200 have been seen. The price drifted back ahead of the weekend. Very early on Saturday, it back again, after a failed attempt to reclaim levels above 1400. On Sunday it has traded mostly sideways in a range covered so far by 1338 to 1392. It is currently trading at 1340.90