ETC Price Jumps 34% As Ethereum Classic Trading Volumes Surge

With the approval of the US Bitcoin ETF, altcoins have registered a strong rally while Bitcoin rests. Though the Ethereum price surged 10%, its off-shoot Ethereum Classic (ETC) has registered even greater gains. The ETC price is up by a staggering 32% trading at $27.74 with a market cap of $4.05 billion.
The Ethereum Classic Trading Volumes
In the wake of the Bitcoin ETF announcement, Ethereum Classic (ETC) has experienced a significant surge, surpassing the $26 mark for the first time since October 2022. The surge in trading volume suggests substantial interest from major traders.
Despite the notable price movement, the sentiment surrounding Ethereum Classic remains neutral at present, as indicated by on-chain data provided by Santiment. Investors are closely monitoring the developments in the Ethereum Classic market following the recent Bitcoin-related news.
The ETC Price Bullish Breakout
- IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone
- Bitcoin Tops $126,000 as Market Prices In Three-Week U.S. Government Shutdown
- Paul Tudor Jones Predicts Explosive Bull Market Amid Bitcoin’s ‘Uptober’ Rally
- Robinhood Outage Reported by Users, HOOD Stock Drops
- Tom Lee’s BitMine Adds $820M Worth of Ethereum as ETH Rebounds
- Solana Price Eyes 56% Rebound Amid Solana Company’s Massive $530M SOL Acquisition
- Ethereum’s Price Bullish Cycle Resumes as Grayscale Launches Spot Staking ETPs – Is $7,331 Next?
- Pi Network Price Risky Pattern Points to Crash as 14M Coins Leave OKX
- Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?
- Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?