Why Ethereum Classic Has Soared Nearly 80% Over Past Week

Ethereum Classic (CRYPTO: ETC) has soared nearly 80% over the last seven days, while on an intraday basis, the coin has shot up nearly 20.5 to $25.60%.

The inheritor of Ethereum’s original blockchain moved alongside with the global crypto market cap that increased 4.7% at press time to $1.02 trillion.

Ethereum Classic (ETC) Price Performance

Time-frame
% Change (+/-)

24-hour
20.5%

24-hour against Bitcoin (CRYPTO: BTC)
16.3%

24-hour against Ethereum (CRYPTO: ETH)
21.4%

7-day
79.96%

30-day
89.5%

YTD-performance

-25.6%

See Also: How To Get Free Crypto

The ETC Factors 

ETC was not among the most-mentioned coins on Twitter, according to Cointrendz. However, Ethereum was the second-most mentioned coin
Both ETC and ETH were seen trending among retail investors on Stocktwits. ETC was trending on CoinMarketCap, while both ETC and ETH were noted trending on CoinGecko at press time
The 24-hour trading volume for ETC shot up 47.5% to over $2 billion at press time, according to CoinMarketCap
Coinglass data indicated that $17.9 million worth of …

Full story available on Benzinga.com

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