Ethereum falls faster below $2000

The fallout across the crypto sphere is continuing with more earnest now as both Ether and Bitcoin losses deepen. Bitcoin is now close to taking out 56k on the downside and Ether has already fallen below $2000. The move lower comes as stops are seemingly tripped across a number of leading coins. Monero has also fallen back and is now close to breaking below the $260 level mentioned here earlier. Ether has dropped to as low as $1962.80 reached just a few moments ago. The price is now heading closer to a test of the 10 Day moving average. That is in place right now 1956.85 and the price is headed fast in that direction. Ether is now trading at 1972.75, but the price action is extremely rapid and that price is subject to significant change by the time this update is read