Ethereum price at $2,417 after 3.7 percent US inflation breaks the $2,495 level

The Ethereum price stands at around $2,417 on Wednesday afternoon, roughly 2,179 euros. That is a good four percent less than 24 hours earlier, and the slide carries a timestamp: at 12:30 p.m. Central European time the US Labor Department published consumer prices for September. The headline rate rose to 3.7 percent year on year, where 3.6 percent had been expected. The core rate excluding energy and food came in at 2.6 percent. With that, the level that had held twice this week has gone. On Monday the price turned higher at $2,495.93; yesterday it was still at $2,534.