Ethereum Classic Gains 4% As Crypto Investors Sentiment Improves
Ethereum Classic Gains 4% as Crypto Investors Sentiment Improves
Ethereum Classic (ETC) climbed by about 4% in the last 24 hours in the cryptocurrency market, outperforming its 7-day and 30-day trends, according to data from CoinMarketCap.com.
ETC navigates protocol upgrades and institutional interest while facing scepticism over its long-term viability. Its price surged following a new technical breakout, with a new rally forming.
Trading data showed that ETC is hovering near $13 on Saturday as volume edged higher by about 5% to $70.18 million at the press time. This boosted ETC market capitalisation to $2.01 billion.
Its local market cap versus Ethereum (ETHUSD) has raised concern over relevance, and a Yahoo analysis advised retirees to…
