Ethereum (ETH) price quickly reversed its 24-hour gains following the US Consumer Price Index (CPI) report, which affirmed easing inflation. The largest altcoin dropped 2.5% alongside Bitcoin price correction below $60,000 after peaking above $61,000 on Wednesday. Ethereum Price Uptrend Falters After CPI Data Release Ethereum price has continued with lock-step movement since Monday last week, The post Can Ethereum Price Overcome ETF Drawdown and Downside Risks To $1650? appeared first on CoinGape .