Ethereum Classic Outperforms Others In 24 Hours With 19% Gains

Crypto assets’ prices have recorded more volatility in recent times. There have been some spikes and pullbacks in the price of many. For instance, the beginning of this week saw Bitcoin moving farther from its $20K mark. Bitcoin lost its hold on the $20K mark on September 2, closing the market at $19,969. Since then, the crypto has struggled to remain afloat with little rallies and dips. Also, Ethereum didn’t fare too well until September 6. Related Reading: Bitcoin Struggles To Claim $20,000 Mark Amid Bear Market The Bellatrix upgrade to take place the same day pushed its price by 4.3%, enabling it to climb above the $1500 mark to $1655. But ETH wasn’t the only crypto affected by the upgrade hype. Ethereum Classic ETC also felt the positive market sentiment pushing its price above $40. Ethereum Classic Gains As Merge Approach ETC is currently trading at $41.240, indicating more than a 19% price increase in 24 hours. The coin has been holding its grip on $32 from August 31 to September 5. It even recorded a brief pullback to $31 and an intraday high of $39 on September 5. In twenty-four hours, ETC surged by more than 19% as the community awaited the Bellatrix upgrade on Ethereum ETH. As day trading continues, ETC has continued to skyrocket, and there’s a likelihood of increased gain before the close of the market. Will Miners Move to Ethereum Classic? As the Merge approaches, ETC is positioned to receiv...