08-02 13:15 Saturday
Ethereum Classic (ETCUSDT) Market Overview
Ethereum Classic (ETC) is currently trading at $25.08, showing resilience amid broader market fluctuations. Analysts highlight its strong fundamentals, including a fixed supply cap and decentralized governance, as key factors supporting its price stability. Recent network upgrades have improved security and scalability, attracting renewed developer interest. Trading volume has increased by 15% over the past week, indicating growing investor confidence. Market observers note ETC's correlation with Ethereum's ecosystem developments, particularly as ETH transitions to proof-of-stake. The asset remains a top performer among proof-of-work cryptocurrencies, with some predicting further upside if Bitcoin's bullish trend continues.
BTC
-0.77%
ETH
-2.47%
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