Ethereum Classic Jumps 54% In a Week, But History Shows That the Rally May Not Last

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Ethereum Classic Jumps 54% In a Week, But History Shows That the Rally May Not Last

   Ethereum Ethereum Classic Ethereum News Market Proof-of-Stake Proof-of-Work    March 21, 2022  |  0

 
The price of Ethereum classic (ETC), the project that split from Ethereum (ETH) after a hack in 2015, jumped over the weekend, supported by strong technicals in the chart and speculation that some Ethereum miners could embrace it.
As of 12:10 UTC on Monday, ETC traded at USD 39.03. The coin was up 8% over the past 24 hours and 54% for the past 7 days, making it the week’s best-performer among the top 100 cryptoassets by market capitalization….
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