Bitcoin bulls battle to hold support at $19,600 while Ether price risks dropping to $1K

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Bitcoin BTC Bitcoinprice Ethereum Bitcoin bulls battle to hold support at $19,600 while Ether price risks dropping to $1K

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A hotter-than-expected Consumer Price Index print on Wednesday really took the wind out of the sails of the crypto market, which saw a rally earlier in the week in anticipation of the Ethereum Merge, only to be overshadowed by the state of the global economy. Aside from the relative calm, there was not much new to report as BTC continues to languish in the range between $17,800 and $25,000.Ether price has struggled to find its footing following the successful Merge and is now poking around support at $1,430, which has been tested twice over the past three months and managed to hold firm.

 

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