Ethereum classic ETC/USDis up 5%, beating intraday gains and beating the movement of the second-largest cryptocurrency ether ETH/USD.
What happened?: At the time of writing, ETC was trading at $16.46.
Santiment, a blockchain analytics company, recently posted a tweet highlighting how coins within the Digital currency group heard Barry Silbert have experienced a sharp drop in their values in the past few days. The list of affected cryptocurrencies besides ETC includes Flow FLOW/USD, mask network MASK/USD and Filecoin FILE/USDamong other.
See more: Best Crypto Day Trading Strategies
coins in #Digitalcurrency groupheard #BarrySilberthave plummeted in the past few days. $etc, $RIVER, $MASK, $FIL, $OCEAN, $YGG, $RSR , $POINT, $LPT, $MANA, $BAT& $NEAR are all part of this group. Read our Quick Take! https://t.co/tUlvwSNl5I pic.twitter.com/ZYg9BT8OMP
— Santiment (@santimentfeed) December 20, 2022
As ETC recovers from its lows since July, the chart shows that the price has moved further away from Monday’s low of $14.74
ETC’s total 24-hour trading volume has also increased. Currently, the total market size is $314.59 million, up 67% from Wednesday.
price action: At the time of writing, ETH is trading at $1,214, up 0.54% over the past 24 hours, according to Benzinga Pro.
Continue reading: Bitcoin, Ethereum, Dogecoin Dip: Analyst Says Apex Crypto Exited Wall Street’s Risk Mode As Sam Bankman-Fried Flies To US
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