Crypto clash: How low can Ethereum price crash to?

A crypto clash is underway. Ethereum price crashed to a low of $1,200 on Thursday after the red-hot American consumer inflation data. The same happened for other cryptocurrencies like Bitcoin, Ripple, Solana, Kadena, and Velas have all plunged. 

Red-hot US inflation data

Ethereum plunged before and after the US published the latest inflation data. The numbers showed that core inflation, which excludes the volatile food and energy prices rose by 0.6% in September. That increase was better than the median estimate of 0.5%. On a year-on-year basis, i